The latest inflation report was released Thursday morning and, with it, the revelation that inflation increased in August. Now at 2.9%, the inflation rate increased from July's 2.7% and is now almost ...

An inflation measurement favored by the Federal Reserve matched Wall Street’s expectations according to federal data released Friday, complicating hopes for the central bank to lower interest rates ...

Inflation held at 2.7% for the year ending in July in the consumer price index, the Bureau of Labor Statistics reported Tuesday, suggesting that the price pressures from tariffs were not as strong as ...

Consumer spending came in strong even as the Fed’s preferred inflation gauge remained stubbornly high in August – though not enough to dash hopes for an interest rate cut next month. Personal ...

Inflation remained at 2.6% for the year ending in July, the Bureau of Labor Statistics reported Friday in an update to the personal consumption expenditures index, the Federal Reserve’s preferred ...

The European Central Bank can tolerate inflation below 2% for some time but will have to take action if price pressures keep falling short of its target sustainably and expectations start to slide, ...

Gold for December delivery was trading near its session high of $4,077 on Wednesday amid rising skepticism about the Federal Reserve's resolve to push inflation down to the central bank's 2% target.

OTTAWA, Aug 26 (Reuters) - The Bank of Canada will not review its inflation target when its monetary policy framework comes up for renewal next year, Governor Tiff Macklem said on Tuesday, saying the ...