This behavior partly determines the next period’s inflation; once the contracts are exercised and wages or prices rise as agreed, expectations become self-fulfilling. And to the extent that people ...

The central bank retired a previous strategy and on Friday unveiled a new approach that updates how inflation and employment are balanced.

US consumers probably experienced a slight pickup in underlying inflation in July as retailers gradually raised prices on a variety of items subject to higher import duties.

The mega tax law, dubbed Trump's Big Beautiful Bill, has made more items “indexed to inflation,” or set to receive an automatic cost-of-living adjustment each year.

The annual inflation rate held steady in July as President Donald Trump's tariffs had less of an impact on some consumer prices than forecasters expected, but the details had a few devils as the ...

The July inflation report is crucial for markets. Sources say both a too-hot and a too-cold CPI reading would be a concern for the economy.

This week, we got two closely watched inflation reports: One on Tuesday that seemed fine-ish, and one Thursday that made everyone sit up straight and take notice.

For investors, the July CPI print was just right, as it raised the odds of a rate cut at the next Fed meeting while showing that inflation isn't spiraling.

Inflation remained elevated last month as President Trump's tariffs continued to make their way into the prices that consumers pay. The average cost of living in July was up 2.7%.

Inflation held at 2.7% for the year ending in July in the consumer price index, the Bureau of Labor Statistics reported Tuesday, suggesting that the price ...

Inflation held steady in July as tariffs threatened to drive prices higher, CPI report reveals. But an underlying inflation measure picked up ...