Inflation may be rapidly cooling, but there's one area that continues to eat away at Americans' budgets: Stubbornly high food prices. Rising food costs were one contributor to the hotter-than-expected ...

Inflation continued to cool in July, falling to its lowest level in three years and positioning the Federal Reserve to cut interest rates next month. The fresh report gives the Fed "the green light to ...

Inflation's steady march lower continued Wednesday, with the Bureau of Labor Statistics reporting that consumer price growth slowed to 2.5% in August, the lowest measure since 2021. Estimates were for ...

Inflation inched higher last month as Americans closed out the summer paying more for both groceries and gasoline. Consumer prices in August were up 2.9% from a year ago, according to a report ...

Inflation may be more palatable than years past this Memorial Day Weekend, but some of the most essential items for the unofficial kickoff of summer 2024 continue to burn a hole in Americans’ wallets.

Inflation—you know it, and you definitely don’t like it. According to Americans polled in a Pew Research Center report last year, it is the nation’s top problem. Frustration with inflation is mutual ...

Inflation cooled to 2.5% for the year ending in June in the index favored by the Federal Reserve, the Bureau of Economic Analysis reported Friday, down a tenth of a percentage point from the previous ...

For the second time in less than a week, President Joe Biden falsely claimed Tuesday that the inflation rate was 9% when he began his presidency. Biden repeated the claim about the inflation rate, ...

New data suggests a notable deceleration in the U.S. inflation rate, potentially offering some relief to both consumers and policymakers. According to Truflation, a blockchain-based provider of ...