The move by the Trump administration to lower tariffs on goods from China to 30% from 120%, still offers limited reprieve for ...

Chicago Fed chief Austan Goolsbee called the April inflation report 'comforting' but said he needs to see several more as officials consider rate cuts ...

Prices for other foods declined in April. Inflation in the fresh fruits and vegetables group dropped by 0.7%, with lettuce ...

The Fed is aiming to reduce the annual rate of inflation to 2% a year, but it uses a different price gauge known as the PCE to determine whether to raise or lower interest rates. The PCE report is ...

With a 1.9% inflation rate, metro Atlanta is seeing prices stabilize more quickly than many large U.S. cities. The cooling trend may provide breathing room for families trying to keep up with rent, ...

Prices paid by consumers for goods and services increased .2% in April, the U.S. Bureau of Labor Statistics has announced.

Fox Business host Charles Payne said Wednesday that the current high prices of some goods have nothing to do with President Donald Trump’s tariffs. Inflation slowed to […] ...

WASHINGTON, DC, US — The Consumer Price Index for baked foods and cereal products decreased 0.7% in April, according to the ...

April's inflation report will be welcome news to the FOMC—but that doesn't mean the Powell-led group will cut interest rates.

If you haven't seen the latest inflation data, the general idea is that prices are rising more slowly than expected. Not only ...

For the Federal Reserve, the April inflation numbers will be treated like news that the weather was favorable ahead of a widely anticipated storm whose magnitude remains uncertain. The report may make ...

Hyperbole aside, last month’s inflation rate was lower than economists expected. But some analysts believe the relatively strong report could be the final calm before the storm, as American firms ...