That skepticism is playing itself out in the current inflation debate. Since peaking at 9.1% in June 2022, inflation fell sharply toward the Federal Reserve’s goal of 2% before plateauing above ...

Federal Reserve governor Michelle Bowman supports a rate cut 'as soon' as July, highlighting the growing division within the ...

Consumer prices likely rose slowly in May, as measured by the Federal Reserve's preferred gauge of inflation, Personal Consumer Expenditures.

The cautious tones from Powell could further antagonize President Donald Trump, who has ramped up his long-standing criticism ...

Economists see the core gauge as a better indicator of the inflation trend than the overall CPI. That measure, which includes food and energy, rose 0.2% for a fourth month and 2.6% from a year ...

Economists warn that Trump’s big tax bill could worsen inflation and lead to a financial crisis, citing concerns over the ...

The ordinance is a response to concern among taxpayers that inflation—high in recent years—is pushing middle-income people into income brackets that require paying a tax that was meant to be levied on ...

Japan’s key consumer inflation measure accelerated to a fresh two-year high as Prime Minister Shigeru Ishiba gears up for a ...