Inflation continued its downward trajectory in August, according to data released Wednesday morning, though the focus for the health of the U.S. economy has largely shifted from whether inflation will ...

A key inflation measure fell to its lowest level in more than three years last month, but there’s still plenty of work remaining to get price increases down to the historically acceptable level.

Consumer prices rose slightly in September as the Federal Reserve prepared to cut interest rates and ease off the brakes of the U.S. economy. The consumer price index, a closely watched gauge of ...

(CNN) — Inflation continues to loosen its grip on American consumers, with price hikes slowing by the most in three and a half years, according to new data from the Bureau of Labor Statistics released ...

Think back to the spring of 2021. What was happening in your life around that time? In terms of the economy, it was the last time inflation was under 3% — until now. It’s 2.9%, according to the latest ...

CHICAGO (WLS) -- What's causing rising prices in 2021? Consumer goods increased more than 5% from last year. The prices of food, appliances, cars and gasoline are on the rise - and the pandemic is not ...

Inflation cooled last month, but the latest data may offer less comfort to U.S. businesses, consumers, and Federal Reserve policymakers than it otherwise would because tariffs are threatening to raise ...

It’s been an eventful week in the markets. And this morning, we have arguably the most substantial numbers of all: Personal Consumption Expenditures (PCE) for June, the Fed’s preferred measure of ...

Inflation hit 9% during President Joe Biden’s tenure, the highest in about four decades. But it reached that level about a year and a half into his presidency. When Biden was inaugurated, ...