The Fed is looking less data-driven and more stubborn with every economic data release.

Consumer prices rose 2.4% over the year, and the month-over-month increase was lower than expected.

WASHINGTON (AP) — U.S. inflation picked up a bit last month as food costs rose, though overall inflation remained mostly tame ...

The news is that tariffs have not had a significant effect on inflation. But the future will tell a different story.

A decline in goods prices has been bringing inflation lower, but that pattern seems to be over even before the full barrage ...

Inflation in the 20 countries that use the euro fell to 1.9% in May from 2.2% in April, helping clear the way for more ...

He expects those sentiments to translate real economic pain in the near future. "I expect tariffs to lead to higher inflation in the United States and lower growth both in the United States and abroad ...

Policymakers have generally said tariffs are likely to increase inflation and slow the economy. Many, including Fed Chair Jerome Powell, say they want to wait and see what actually happens on ...

Powell didn’t use the exact word, but said President Donald Trump’s on-again, off-again tariffs were “highly likely” to fuel inflation and could slow growth – two things that when ...