The annual inflation rate in October remained at levels not seen since a year before the Federal Reserve dramatically started raising short-term interest rates. Bureau of Labor Statistics numbers ...

The consumer price index increased 2.7% in November 2024 from a year earlier, according to the Bureau of Labor Statistics. Inflation is not accelerating, but remains persistently too high, economists ...

A breakdown of PCE into supply-driven and demand-driven inflation shows that inflation may linger higher for longer. Supply-driven inflation had been a core driver of PCE inflation reaching its peak ...

The consumer price index rose 2.4% on an annual basis in May 2025, up from 2.3% in April, according to the Bureau of Labor Statistics. Inflation trends are largely encouraging under the surface, and ...

Long before the Federal Reserve policymaking committee raised interest rates in 10 consecutive meetings, pundits warned about interest rates as a tool. Many economists said the Fed's most prominent ...