Prices moving upward in January has further cooled hopes of an interest rate cut from the Federal Reserve in the near future.

Gold prices rose on Thursday as U.S. President Donald Trump unveiled plans to impose reciprocal tariffs on countries taxing U ...

The latest Consumer Price Index report shows inflation ticked up to 3% in January from a year ago, a slight rise from the previous month.

A disappointing inflation reading and soaring egg prices have undermined Trump's promise to reduce costs on "day one." ...

The Bureau of Labor Statistics reported Wednesday that the CPI rose 3.0% on an annual basis in January compared to the same ...

Along with inflation, the Fed is also weighing employment data. If the job market remains robust by official standards, ...

The Labor Department on Wednesday released the consumer price index for January, which showed that inflation remained elevated in as the Federal Reserve considers a continued pause on rate cuts.

The change was slightly above analysts' expectations and is likely to bolster reluctance at the Fed to cut interest rates any further.

Inflation accelerated in January, with the consumer price index rising 3% year over year, above economists' expectations.

Federal Reserve Chair Jerome Powell emphasized that the bank will be patient in adjusting interest rates on Tuesday as ...

U.S. Federal Reserve Chair Jerome Powell, in his first appearance before Congress since the inauguration, vouched for the ...

The Federal Reserve is prepared to keep its key interest rate unchanged for now as inflation remains elevated and the job ...