US wholesale inflation was muted in June, presenting what would seem to be a better-than-expected outcome amid President Donald Trump’s hefty tariffs on global trading partners.

He said inflation had eased significantly from highs reached in mid-2022, but was somewhat elevated above the Fed’s 2% objective. He added that beyond the next year or so, ...

SHREVEPORT, La. -- Many Americans are starting to question how their finances will hold up in the coming months.

Inflation rose 2.4% year over year and 0.1% month over month in May. NBC News' Brian Cheung and Investopedia's Editor-in-Chief Caleb Silver break down the latest inflation numbers for the U.S.

If inflation continues to cool and economic data justifies it, a Fed rate cut could come later this year. That's good news for gold. Lower interest rates weaken the dollar and reduce the ...

Inflation rose slightly in April and remained above the Federal Reserve's target rate as the economic impact of higher tariffs is expected to impact consumer prices in the coming months. The ...

Key Background. Core inflation did not register at 3.9% or higher from 1993 to 2020, putting in perspective the continuously high inflation pervading the U.S. economy since the COVID-19 pandemic.

Inflation increased slightly in May and remained above the Federal Reserve's target rate ahead of the central bank's next meeting this month. The Bureau of Labor Statistics on Wednesday said that ...

U.S. Federal Reserve officials feel they need to reconsider the key elements around both jobs and inflation in their current approach to monetary policy, given the inflation experience of the last ...