Philadelphia Federal Reserve President Anna Paulson on Saturday said she was "cautiously optimistic" that three-month inflation would hit 2% by the end of the year, even as 12-month inflation may ...

U.S. Treasury Secretary Scott Bessent has said that the Federal Reserve could revisit its 2% inflation target after consumer price growth is firmly under control, warning that moving too soon could ...

The CPI was expected to rise 3% on an annual basis last month, according to economists surveyed by financial data firm FactSet. In the most recent inflation reading, from September, the CPI rate rose ...

Members of the Trump administration are highlighting an unexpectedly low inflation report. Commerce Secretary Howard Lutnick said the drop is proof the White House’s policies are finally pushing down ...

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 ...

Inflation eased unexpectedly in November, but economists cautioned against reading too much into the report because of gaps in data collection during the long government shutdown. The government’s ...

Inflation in November fell to 2.7%,the Bureau of Labor Statistics said Thursday, a positive sign for consumers on its face. However, November’s data was collected later than normal. The figures ...

(CNN) — Inflation unexpectedly – and sharply – slowed in November, a seemingly welcome change for Americans weighed down by the persistently high cost of living. However, economists were quick to ...

This is read by an automated voice. Please report any issues or inconsistencies here. Inflation slowed to 2.7% in November from 3% in September, but government shutdown delayed the data release and it ...

We're still missing data from October and November because of the federal government shutdown, but the new data out today suggests inflation moderated somewhat over the last two months. According to ...