Inflation hit a 41-year high in March, but several signs hint that the US could be past the peak. Certain inflation measures showed underlying inflation trends cooling through early 2022.

On a month-on-month basis, inflation rose by 0.2%, which is softer than the projected increase of 0.3%. This means that while prices still increased in February, they did so at a slower pace than ...

US inflation heated back up in June, rising to its highest level in four months, as higher prices — including those from tariffs — packed a bigger punch.

US Economy News Today: Inflation Mostly Stands Still in April—Why That May Be A ... They see it as an indicator of broader inflation trends and consider it when setting the central bank’s ...

Consumers pulled back far more than economists expected: Spending fell 0.2% for the month. Adjusted for inflation, it sank 0.5%. Those are the biggest monthly declines since February 2021.

The latest federal data show the CPI increasing 2.7% over the previous 12 months, outpacing the 2.4% May figure and raising ...

Food prices have risen a bit faster than overall inflation lately, putting pressure on consumers. Three midyear supermarket ...

A key reason for last month’s drop in overall inflation was the third drop in gas prices in the past four months: Average gas prices fell 0.6% from July to August and are down 10.6% from a year ago.

Despite President Trump's repeated calls for lower interest rates and his near attempt to remove Fed Chair Jerome Powell, the ...

Inflation has come down from its 2022 heights, but economists are worried about its stubbornness. By Jeanna Smialek Inflation is beginning to abate meaningfully for American consumers. Gas is ...

A measure of inflation most closely watched by Federal Reserve officials picked up in April, reflecting the difficult path ahead for economic policymakers as they weigh whether to raise interest ...