Prices rose at an annual pace of 2.6% in July, the same rate as the previous month and in line with economist forecasts.

Central bankers target inflation at 2%, so Friday’s report shows the economy still a distance from where the Fed feels comfortable.

Persistent inflation remains a pain point for consumers — and for the Federal Reserve as it weighs whether to lower interest rates.

The Federal Reserve’s preferred inflation gauge mostly held steady last month despite President Donald Trump’s broad-based tariffs, but a measure of underlying inflation increased.

Mexico’s prices rose much less than expected earlier this month while the economy grew modestly in the second quarter ...

The Federal Reserve is monitoring new inflation data as it weighs potential interest rate adjustments due to a shaky job market and ongoing economic challenges.

US consumers kept spending in July, even as inflation remained elevated that month, new data showed Friday. Consumer spending rose 0.5% from June, according to Commerce Department data released Friday ...

While Cantillon used the effects on family life to illustrate monetary theory, Degner lingers to employ sound monetary theory ...

Crypto markets slide with Bitcoin under $113,000, pressured by inflation fears, trade tensions, higher yields, and ...

U.S. consumer spending increased by the most in four months in July while services inflation picked up, but economists did not believe strong domestic demand would prevent the Federal Reserve from ...

Federal Reserve Chair Jerome Powell said the balance of risks to the labor market and inflation have shifted, signaling a ...

The outlook for economic growth in the major oil consumption economies, the U.S. and the Eurozone, is very weak. Click here ...