Fed minutes reveal policymakers worried about energy prices and tariffs driving inflation higher when they held interest rates steady in April.

The personal consumption expenditures index report by the Bureau of Labor Statistics was released on Thursday morning.

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 a full percentage point higher than the Federal Reserve ...

Interest rates and inflation have a huge influence on our household finances — find out how the latest changes could affect your mortgage, savings, and ene

Prices that consumers pay rose slightly in May, while the annual inflation rate edged further away from the Federal Reserve's target, according to a Commerce Department report Friday. The personal consumption expenditures price index, the Fed's primary ...

Higher gas prices driven mainly by the war in Iran pushed the annual rate of inflation up to 2.8% in April, Statistics Canada said Tuesday — the fastest pace of price hikes in almost two years. Statistics Canada said the cost of gasoline was 28.

US inflation unexpectedly cooled in November, according to a delayed report, although economists warned against reading too much into the numbers because of gaps in the data. The Consumer Price Index rose 2.7% in November over the past 12 months, down from ...

Economists polled by Reuters had expected the inflation rate to drop back to 3%, cooling from 3.3% in March.

The headline CPI rate dropped from 3.3 per cent in March to 2.8 per cent, more than most analysts had expected.

Inflation fell faster than expected in April, as the Consumer Price Index rate fell to 2.8%. Marking the lowest rate of inflation in just over a year, the index fell in large part thanks to a downward swing in food inflation.

Fed minutes reveal officials moving from rate cut discussions to considering hikes if inflation remains elevated. Market bets change: Traders now see a 63% chance of a rate hike by end-2026, with bond yields hitting multi-year highs.