Consumers and home shoppers continue to get relief on inflation, but there’s a catch. The annual figure remains above the inflation target of 2%, which the Federal Reserve wants to see before lowering ...

The economy is weakening and the job market remains poor, leading to expectations of continued rate cuts. Yields across asset classes have already come down, making it difficult for investors to find ...

Inflation slowed sharply in March, new data showed Thursday, underscoring the continued strength and resilience of the economy ahead of President Trump’s aggressive trade moves. In any other timeline, ...

Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...

The headline CPI figure rose to 2.9% year-over-year, up from 2.7% in July and in line with expectations. This is the highest level since January and marks the fourth consecutive month inflation has ...

If President Donald Trump’s budding trade war is driving inflation, it’s not showing up in the data yet. Core inflation — a metric that excludes volatile food and energy costs — shows inflation at 3.1 ...

Inflation, as measured by the producer price index, shot up to 3.3% for the year ending in July, the Bureau of Labor Statistics reported Thursday — the largest 12-month increase since February. On a ...

The May Personal Consumption Expenditures Price Index increased in line with expectations, up 2.3% from year-ago levels. When volatile food and energy costs are factored out, the Federal Reserve’s ...

Inflation, as measured by the producer price index, declined by three-tenths of a percentage point to 2.3% for the year ending in June, signaling that the U.S. is evading pain from the tariffs imposed ...