A closely watched measure of inflation ticked up as the conflict in the Middle East inflated energy prices. By Ben Casselman Ben Casselman is the Times’s chief economics correspondent. The war with ...

Federal Reserve Chairman Kevin Warsh has said that inflation is a "choice." The same could also be true of how inflation is measured. Warsh has formulated five task forces to look at an array of Fed ...

High gas prices pushed annual inflation to the highest level in three years, according to May data released by the Commerce Department on Thursday. The Federal Reserve’s preferred inflation gauge, the ...

The core personal consumption expenditures price index showed a 3.4% annual rate after rising 0.3% for the month. The core annual reading was the highest since October 2023. The Fed's primary ...

The Personal Consumption Expenditures index — the Federal Reserve's preferred inflation measure — rose at a 4.1% annual rate in May, highlighting the central bank's challenge in reining in prices. The ...

The Federal Reserve’s new chairman has vowed to deliver price stability, but officials are at odds over whether that will require higher borrowing costs. By Colby Smith and Ben Casselman Colby Smith ...

Everyday savers shouldn't jump at tips they see on social media about buying bitcoin as an inflation hedge, experts say. The narrative of bitcoin as an inflation hedge feeds on the notion of a fixed ...

Inflation is rising — but U.S. consumers seem to be shrugging it off, for now. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. A key measure of ...

June 25 (Reuters) - Chicago Federal Reserve President Austan Goolsbee on Thursday said there was a "glimmer of hope" on services inflation in the latest U.S. inflation report, but underlying inflation ...

Federal Reserve Chairman Kevin Warsh said Wednesday that inflation risks have eased over the past few weeks – but stayed mum on the odds of interest-rate hikes in the latest sign that he will be more ...

US consumer spending accelerated in May even as prices rose at the fastest pace in more than three years, suggesting Americans are powering through the fallout from the Iran war. The personal ...

President Trump’s trade wars have waned. The price of gas is finally falling. But inflation has a new catalyst: America’s massive artificial-intelligence build-out is beginning to push up prices on ...