From March 2022 to June 2023, the Fed dramatically increased the federal funds rate to reduce post-COVID-19 inflation. For the next year, the rate remained the same. Incidentally, rates were much ...

Inflation in the United States rose moderately in May as higher prices for groceries and some imported goods were largely offset by cheaper gas,

WASHINGTON (AP) — U.S. inflation picked up a bit last month as food costs rose, though overall inflation remained mostly tame.

CBS's Margaret Brennan challenged Scott Bessent on Trump's tariffs, as retail giants warn of price hikes despite inflation hitting a four-year low.

Millions of seniors rely on Social Security to supplement their savings and help them afford their expenses once their working life has come to an end. These benefits are designed to replace around 40% of pre-retirement income,

Release of a series of inflation readings has eased concern that the tariffs imposed by Trump would translate quickly into higher prices

Year-on-year inflation in the OECD as measured by the Consumer Price Index (CPI) was stable at 4.2% in April 2025