High gas prices pushed annual inflation to the highest level in three years, according to May data released by the Commerce ...

M/M vs. +0.3% consensus and +0.3% prior (revised from +0.2%), according to data released by the Bureau of Economic Analysis ...

WASHINGTON, April 10 (Reuters) - When surging U.S. inflation peaked in June of 2022, driven by rising ⁠prices ⁠for energy but also for food, shelter, vehicles, and a host ⁠of other items, Federal ...

WASHINGTON, April 15 (Reuters) - High oil prices are likely to keep underlying inflation nearly a percentage point above the ⁠Federal ⁠Reserve's 2% target for the rest of this year, with the ⁠U.S.

The core PCE price index, the Fed's preferred inflation gauge, accelerated a seasonally adjusted 0.3% for the month, pushing the 12-month inflation rate to 3.2%. Headline prices rose 0.7%, putting the ...

The 1.5% figure ended a run of 45 straight months that the inflation rate has been above the Bank of Japan's 2% target. Government tax relief and fading food costs were expected to push CPI below 2% ...

Core inflation, which excludes the more volatile costs of food and energy and is considered a better indicator of underlying price trends, decelerated last month. Core CPI inflation was 2.5% year over ...

December's Consumer Price Index comes out on Tuesday, giving markets and economists fresh data on how hot inflation is running. While the December data makes progress in clearing up the fog that ...

Add Yahoo as a preferred source to see more of our stories on Google. The Labor Department's March CPI shows how prices are changing, from groceries and rent to gas. Headline inflation rose 3.3% from ...

Fed Chair Kevin Warsh favors a new measure of inflation for the Federal Reserve. Changing the benchmark could shift monetary policy.

The Federal Reserve has now cut interest rates for the third straight meeting, but the decision was anything but unanimous. Three officials broke ranks, arguing that with inflation still running above ...