US inflation accelerated further in May, with a key measure of price pressures climbing above 4% for the first time in more ...

Inflation rose 4.2 percent in May, the highest since 2023, keeping prices above the Fed’s target and increasing the odds of a rate hike later this year.

Heightened energy prices because of the US-Israel war with Iran has pushed US inflation to a three-year high.

Inflation isn’t as high as you think — and Fed Chair Kevin Warsh looks less hawkish than advertised.

How much control does the president really have over inflation?

Core PCE prices in April rose 0.2% for the month and 3.3% for the year, against estimates of 0.3% and 3.3%, the Commerce Department reported Thursday. While the annual rates were in line with ...

The U.S. Federal Reserve left its benchmark interest rate unchanged at 3.5%-3.75% on Wednesday, saying economic activity ...

• Inflation spikes: The war with Iran drove up monthly US inflation threefold in March, according to the latest Consumer Price Index report, released this morning. • The numbers: The annual rate of ...

The Fed decided to hold rates steady at 3.50 to 3.75 per cent for the fourth consecutive meeting. Read more at ...

The Federal Reserve held rates at 3.50%-3.75% but half of FOMC members project rate hikes in 2026. Bitcoin fell 1.5% as ...