The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.

U.S. consumers grappling with soaring prices for beef and eggs will face even higher costs for meat, vegetables and fruit if ...

U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, ...

A spike in energy prices helped to lift the headline PCE price index in December. The combined cost of gasoline, electricity, ...

How much has rising inflation since 2020 cost you? While Iowans need to spend more to maintain their standard of living, ...

SYDNEY (Reuters) -Australian consumer prices rose at the slowest pace in almost four years in the December quarter, while a ...

U.S. labor costs rose marginally in the fourth quarter, offering some comfort to Federal Reserve officials after progress ...

US labor cost growth cooled in the fourth quarter from a year earlier, reassuring Federal Reserve policymakers wage pressures ...

Measuring key aspects of a nation’s economy is important, but the metrics used are often misunderstood by many. Quantifying ...

Rising food and housing costs have hit the lowest-income Americans the hardest in recent years.

The Federal Reserve’s preferred inflation gauge moved even higher in December, driven in part by rising food and energy prices. However, a closely watched measurement of underlying inflation trends ...

U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting ...