Our new data page, CPI Inflation Contributions from Goods and Services, details the evolution of inflation using the consumer ...

“Biden/Harris don’t bear primary blame for the inflation,” said Jeffrey Frankel, a Harvard University economist. “Primary ...

After decades of quiescence, inflation surged in 2021 and 2022. The annualized Consumer Price Index (CPI) increased from ...

October's Consumer Price Index (CPI), which measures changes in the cost of consumer goods and services, showed that annual inflation rose by 2.6%. That's not an alarmingly high rate of inflation.

Federal Reserve Chair Jay Powell said the central bank does not need to be 'in a hurry' to lower interest rates, and that the ...

US consumer inflation edged higher last month spurred by an increase in housing costs, according to government data published ...

Jay Powell on Thursday once again reinforced his intention to serve out his term as chair of the Federal Reserve while making ...

Gold prices are likely to further come down in the near future as sellers remain dominant with no near-term positive triggers ...

Federal Reserve Chair Jerome Powell appeared to be saying that the central bank is confident that it can steer the U.S. economy to a soft landing, according to remarks he made on Thursday. "We are ...

Inflation in the United States just hit 2.6% in October, giving the Federal Reserve plenty to chew on before its next – and ...

WASHINGTON (AP) — A Federal Reserve official gave a lengthy defense of the central bank’s political independence Thursday, ...