Inflation climbs in August as grocery and gas prices jump

Inflation accelerated in August as Americans paid more for gasoline and groceries. Over the last 12 months, consumer prices have risen 2.9%. Read More

U.S. inflation worsened last month as the cost of gas, food and airfares jumped

The reading is the last data the Fed will receive before its key meeting next week, when policymakers are widely expected to cut their short-term rate to about 4.1% from 4.3%. Read More

Inflation rose last month amid weakening job market: How will the Fed respond?

Typically, the Fed would cut its key interest rate when unemployment rises, but it would raise rates — or at least keep them unchanged — in the face of rising inflation. Read More

Trump says he's 'already solved inflation' — while prices for gas and groceries skyrocket

President Donald Trump has declared inflation “solved” as Americans are paying more for everyday goods like gas and groceries. “I’ve already solved inflation,” Trump told “Fox & Friends” on Friday ... Read More

Inflation likely rose last month as Trump's sweeping tariffs boost goods prices

U.S. inflation likely ticked higher last month as the Trump administration’s import taxes lifted the price of goods, putting the Federal Reserve in a tough spot when it meets next week ... Read More

Inflation ticks higher to 1.9% in August, short of economists’ expectations

Some stubbornness at the gas pumps pushed the headline inflation rate a couple ticks higher to 1.9 per cent in August, Statistics Canada said Tuesday. Gasoline prices rose 1. Read More

US inflation worsened last month, putting Fed in difficult spot as job market slows

Even as inflation has ticked higher, recent government reports have also shown that hiring has slowed sharply in recent months and was lower than previously estimated last year. Read More

Inflation Hit 2.9% Last Month As Prices Rose As Expected Last Month, Fed’s Gauge Shows

An inflation measurement favored by the Federal Reserve matched Wall Street’s expectations according to federal data released Friday, complicating hopes for the central bank to lower interest rates ... Read More

Americans kept spending last month despite elevated inflation

US consumers kept spending in July, even as inflation remained elevated that month, new data showed Friday. Consumer spending rose 0.5% from June, according to Commerce Department data released Friday ... Read More

August consumer confidence dips in US with jobs, tariffs and high prices driving most unease

WASHINGTON (AP) — Americans’ view of the U.S. economy declined modestly in August as anxiety over a weakening job market grew for the eighth straight month. The Conference Board said Tuesday that its ... Read More