Inflation continued to rise in May, with the Personal Consumption Expenditures price index rising at an annual rate of 4.1%.

The Commerce Department PCE inflation report for May showed the Federal Reserve's favored inflation gauge rose higher amid the energy price shock caused by the Iran war.

A closely watched inflation report is set to reveal how much price growth picked up in May — as many Americans remain mired in an affordability crunch.

Thank you, Mr. Secretary. I appreciate the opportunity to speak here today.1 When I offered my assessment of policy in my first speech as a Federal Reserve Governor in September, I assumed inflation ...

Federal Reserve Beige Book finds inflation rising at a strong pace across most districts, driven by energy costs tied to the Middle East conflict.

A new report on Wednesday showed inflation rising 4.2 percent in May, marking its highest level in three years and underlining how hard the Iran war is hitting consumers. The Labor Department report ...

Mark Zandi, chief economist at Moody’s Analytics, went on CNBC this morning with a take that should land uncomfortably for anyone betting on rate cuts before year-end. The headline number is bad ...

Inflation has made life much more expensive, and more than half of Americans believe the situation will get worse in 2025. People across the country are struggling to pay for essentials like housing, ...

(July 2): Swiss inflation slowed in June for the first time in eight months, suggesting the impact of lower oil costs are ...