U.S. inflation accelerated modestly in August, offering some leeway for the Federal Reserve to cut interest rates at its September meeting. Consumer prices rose an annual 2.9% in August, the Labor ...

The latest inflation data is in, and unfortunately, it comes with more bad news for consumers. The Consumer Price Index data, released today, shows that inflation climbed to 2.9% in August, marking ...

President Donald Trump is declaring inflation dead. Do most Americans — and data — agree? During an appearance on Fox News early Friday, Trump claimed that he “already solved” inflation. “Costs are ...

The Federal Reserve's preferred inflation gauge showed that inflationary pressures remained elevated in July, as the central bank mulls an interest rate cut at its meeting next month. The Commerce ...

The cost of living got even more expensive for Americans last month, with prices rising at the fastest pace since the start of the year. Consumer prices rose 0.3% in September, which drove the annual ...

The inflation rate is not zero; it’s currently at 2.9% year over year. That’s higher than the Fed’s 2% "price stability" target. The inflation rate also has been rising for the past four months. See ...