Inflation in December was its highest since the summer, according to data released Wednesday morning, a sign of the lingering presence of higher prices for consumers, though economists did predict ...
The post-pandemic burst of high inflation, once called "transitory" by Federal Reserve officials, is poised to enter its fifth calendar year. If economists' forecasts hold true, official inflation ...
Inflation rose unexpectedly in January, with the Consumer Price Index rising 3% over the last 12 months, up from 2.9% in December. Forecasters had expected inflation to slow down, but prices for food, ...
Inflation is set to run above the Federal Reserve's 2% annual target for a fifth year if projections for 2025 hold true. High inflation has roiled the economy and household budgets since the U.S ...