The slightly lower number for January reflects smaller price increases for shelter and food, as well as a decrease in energy costs.

Chicago Fed president Austan Goolsbee said Tuesday he’s focused on bringing inflation back down before cutting interest rates any further. “I remain optimistic that there can be more rate cuts this ...

Core PCE prices accelerated to a 3% annual increase in December, hitting their highest level since February in a clear sign ...

WASHINGTON, Feb 20 (Reuters) - Underlying U.S. inflation increased more than expected in December, and signs are pointing to a further acceleration in January, which would strengthen expectations that ...

US inflation unexpectedly cooled in November, according to a delayed report, although economists warned against reading too much into the numbers because of gaps in the data. The Consumer Price Index ...

Two big revelations have emerged from the Fed minutes of the latest FOMC meeting. First, the Fed members believe that the ...

With demand holding up, inflation heated up last quarter. The price index for gross domestic purchases, which measures prices ...

Consumer prices rose 0.3% in December, driven by rents and food Food prices posted their biggest monthly gain in more than three years Core inflation remained moderate, keeping rate cuts in play later ...

Just when we thought it was safe to return to the supermarket aisle, it seems inflation has come back to bite us again. Worse ...