High gas prices pushed annual inflation to the highest level in three years, according to May data released by the Commerce ...

Inflation continued to rise in May, with the Personal Consumption Expenditures price index rising at an annual rate of 4.1%.

Sticky inflation is reshaping Fed interest-rate expectations as Wall Street abandons rate-cut forecasts and braces for ...

The market wasn't happy with the new Fed chair's fighting words.

The Federal Reserve’s preferred inflation gauge rose to a new three-year high in May as gas prices peaked, a sign rising ...

Federal inflation data released Thursday showed prices rising at the fastest annual rate in three years, posing serious ...

The Federal Reserve’s new chairman has vowed to deliver price stability, but officials are at odds over whether that will ...

For much of the past year, investors have focused on one question: when will interest rates come down? President Trump has ...

By Lucia Mutikani WASHINGTON, June 25 (Reuters) - U.S. inflation increased further in May, breaking above 4.0% for the first ...

It could have been a big week for bond bears, if it weren't for crude oil.

Inflation rose to 4.1% in May, the highest in three years and up from 3.8% in April, widening the gap between wages and ...

A closely watched inflation report is set to reveal how much price growth picked up in May — as many Americans remain mired in an affordability crunch.