Inflation came in below economists' forecasts and slowed from December's 2.7% annual rate.
Several officials would have supported a statement by the Fed indicating that interest rates could rise if inflation remained ...
Core PCE prices accelerated to a 3% annual increase in December, hitting their highest level since February in a clear sign ...
The slightly lower number for January reflects smaller price increases for shelter and food, as well as a decrease in energy costs.
The January CPI came in at 2.4% but real-time data and a structural lag in shelter costs suggest headline inflation has further to fall.
The US economy grew at a much slower pace in the final months of 2025 as the historic government shutdown weighed on economic activity, ending a year that saw the weakest growth since the pandemic.
Consumer prices rose 2.4 percent over the past year and 0.2 percent in January alone, according to data released Friday by ...
Many Federal Reserve officials want to see inflation fall further before they would support additional interest rate cuts this year, particularly if the job market continues to stabilize, minutes of ...
LONDON (AP) — Inflation in the U.K. fell to a 10-month low largely on the back of lower food and gas prices, official figures ...
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