"When we came in, it was ‘egg-flation, egg-flation, egg-flation,’" Treasury Secretary Scott Bessent said Oct. 26 on NBC’s ...

Inflation last month rose at an annual rate of 3%, coming in below economists' forecasts as the impact of President Trump's tariffs remain muted.

Federal Reserve Bank of Cleveland President Beth Hammack said Thursday she’s concerned monetary policy may not be in the ...

The Federal Reserve may not like it, but there isn’t much it can do about the forces keeping inflation elevated, David ...

Inflation increased in June and moved further away from the Federal Reserve's target rate as central bank policymakers prepare to meet later this month amid President Donald Trump's calls for interest ...

The minutes of the Federal Reserve's July meeting released on Wednesday showed that policymakers were more concerned about the risk of inflation from the impact of tariffs than the labor market as ...

The inflation rate has stubbornly refused to fall to the Fed's goal of 2%. Costco's business model makes it less sensitive to inflation than other retailers. The stock fell in line with the broad ...

If minimum wage matched 1968 purchasing power, you'd earn $421,200 more over 30 years. With productivity adjustments, the gap reaches $670K-$1M in earnings.

Interest rates were held at 4% in a tight vote as the Bank of England said it judged inflation in the UK to have peaked.

Europe's effort to wean its economy off Russian gas is likely tobe a persistent boost to inflation even beyond the current ...

“I think we're pretty close to neutral right now, which makes me a little bit nervous, given that I see the bigger mess on the inflation side” of the Fed’s goals versus the job market, which is still ...

Inflation may have cooled off from its peak of around 9% in 2022, but the beast has not been fully tamed. The Federal Reserve is aiming for a 2% inflation rate, and the central bank has resisted ...