Why the old formula is no longer holding up.

A key inflation indicator that the Federal Reserve uses to set policy rose 3.4% in May from a year ago, the fastest increase since the early 1990s, the Commerce Department reported Friday. Though the ...

The rate of inflation toward the end of 2025 could help shape how the Federal Reserve handles interest rates early in the new year. U.S. inflation was rising before the shutdown. Tardy CPI to show if ...

Large U.S. retailers say the Trump administration tariffs are forcing them to hike customer prices to offset higher costs.

“Residual supply chain troubles contribute to this, although the largest factor is the strong economy with pressure on wages and opportunities for businesses to raise prices to increase profits,” said ...

Since the start of the year, a growing number of African central banks have reduced benchmark interest rates to multi-year ...