In September 2021, after enduring several months of high inflation, the U.S. Federal Reserve began describing inflation as "elevated." With the personal consumption expenditures (PCE) price index now ...

Federal Reserve officials’ concerns about inflation being stoked by the Iran war intensified last month, with a growing number of them saying the central bank should lay the groundwork for a possible ...

Fed officials are looking at holding rates longer than thought, while also considering rate hikes if inflation remains sticky ...

Reading inflation news can raise inflation expectations and impact economic behavior, research finds. High attention to ...

The Consumer Price Index is expected to have jumped 3.8% over the last 12 months in April, amplifying concerns that inflation is threatening the economy and hurting household budgets. Rising fuel ...

Federal Reserve officials at their most recent policy meeting signaled growing concern that persistent inflation tied to the ...

Fed Chair Jerome Powell said Wednesday that he continues to look at the overall progress that inflation has made in moving back toward the central bank’s 2% target. While the bank’s latest statement ...

U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on Dec. 13, 2023. The U.S. Federal Reserve on Wednesday left interest rates unchanged at a ...

Short-term Treasury yields fell slightly after Federal Reserve Chair Jerome Powell downplayed a language change in the Fed's policy statement. Asked about a change to the policy statement that removed ...

Looking at the duration of Joe Biden’s presidency and using the standard measures for comparing inflation and wages, inflation has increased 19.3% since January 2021 while wages have risen 16.1%. When ...