Inflation fell two-tenths of a percentage point to 2.1% for the year ending in April, the Bureau of Labor Statistics reported Friday in an update to the Federal Reserve’s preferred gauge. That ties ...

Federal Reserve Chairman Jerome Powell famously described the high inflation that had just started dragging down U.S. consumers in July 2021 as "transitory." His word choice suggested that elevated ...

Year-on-Year headline inflation dropped to 13.7 percent in June 2025, down from 18.4 percent in May – marking the sixth consecutive month of decline and the lowest rate since December 2021. This ...

Inflation stayed well above the Federal Reserve's target of a 2% annual rate in September according to a belated report on consumer prices.

Job listings in the United States in 2021 grew plentiful while unemployment was low. To many policymakers and academics, the labor market looked hot. Recognizing the importance of inflation in such ...

On Sunday, the treasury secretary said consumers could lower their costs by migrating from blue to red states.

The annual inflation rate has risen to 5 pct in the month of July 2021, from 3.9 pct in June, given that non-food products were more expensive by 7.64 pct, services by 2.74 pct and foodstuffs by 2.33 ...

The pace of Southern California inflation rose slightly in July as trade tensions helped nudge the cost-of-living higher. My trusty spreadsheet reviewed the Consumer Price Indexes for Los Angeles and ...