The slightly lower number for January reflects smaller price increases for shelter and food, as well as a decrease in energy costs.
Several officials would have supported a statement by the Fed indicating that interest rates could rise if inflation remained ...
Consumer prices rose 2.4 percent over the past year and 0.2 percent in January alone, according to data released Friday by ...
Learn how GDP growth can influence inflation, impact economic health, and affect consumer purchasing power. Understand the relation for better financial decisions.
Several Federal Reserve officials anticipate further interest rate cuts if inflation were to drop, while others see holding ...
While the majority of economists expect inflation to remain stable or fall this year, one forecaster believes it could rise to 4%.
Inflation eased to 2.4% in January, the lowest in 8 months, raising speculation the Fed may revisit its steady interest rate stance in March.
Many Federal Reserve officials want to see inflation fall further before they would support additional interest rate cuts this year, particularly if the job market continues to stabilize, minutes of ...
The impact of the AI industry on electricity prices has turned into a major political flashpoint ahead of the midterm elections this November.
Inflation in the U.K. fell to a 10-month low largely on the back of lower food and gas prices, official figures showed ...