Consumers faced escalating prices in March as the Iran war sent oil soaring and created a new level of challenges for the Fed ...

The Federal Reserve’s preferred inflation gauge, the core PCE price index, climbed 3.2% year-over-year in March.

Core July PCE inflation surged to 2.9% compared to last year, up from 2.8% the month before, and the highest we’ve seen in five months. The overall inflation rate stayed put at 2.6%. The Fed has been ...

While the cost of eggs and some other items continue to rise, grocery price inflation overall seems to be leveling out. The Bureau of Labor Statistics consumer price index for food at home was nearly ...

Oil prices exploded in March as global energy markets absorbed a once-in-a-generation supply shock from the U.S.-Israel war with Iran.

When inflation expectations are well anchored, companies, consumers, and investors believe that long-term price growth will stay under control, or close to a targeted level, notwithstanding short-term ...

Consumer expectations for future inflation have settled back to levels last seen at the beginning of the year, prior to the announcement of aggressive new tariffs, according to monthly survey data ...

Inflation began rising again at the wholesale level last year. Now price increases are making their way into consumer goods such as clothes. U.S. inflation at the wholesale level rose to a three-year ...

The U.S. war with Iran and the resulting spike in energy prices have pushed inflation to its highest level in nearly two years. A report from the Labor Department Friday showed consumer prices in ...