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 rose by one-tenth of a percentage point to 2.4% for the year ending in May, the Bureau of Labor Statistics reported Wednesday in an update to the consumer price index. Forecasters had ...

CBS's Margaret Brennan challenged Scott Bessent on Trump's tariffs, as retail giants warn of price hikes despite inflation ...

So far in 2025, here’s what the inflation rate has been this year, according to CPI-U data from the Bureau of Labor ...

Inflation in the United States rose moderately in May as higher prices for groceries and some imported goods were largely ...

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

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