Fed Chair Jerome Powell reveals American consumers are struggling and looking to "economize" purchases amid stubborn inflation, as central bank holds rates steady.

An overall healthy view of the economy weighed heavily in the Federal Reserve Board’s decision to not lower interest rates ...

Federal Reserve expected to hold interest rates steady at 3.5%-3.75% range as FOMC navigates inflation concerns and softening ...

Inflation in the U.S. increased in December, according to a report released Tuesday by the Bureau of Labor Statistics.

Economists warned not to read too much into prior inflation data that were impacted by the government shutdown ...

Fox News viewers furious as a Donald Trump ally shared "inflation fiction" live on air. Fans were left baffled when Mike Mullin went on Fox News' My View with Lara Trump and said, "Inflation went from ...

WASHINGTON (AP) — Inflation cooled a bit last month as prices for gas and used cars fell, a sign that stubbornly elevated cost pressures are slowly easing. Consumer prices rose 0.3% in December from ...

WASHINGTON (AP) — The Federal Reserve’s preferred measure of inflation changed little in September, likely easing the way to a widely expected interest rate cut by the central bank next week. Prices ...

Economists expect the December CPI inflation report to show price growth remained elevated and cautioned it may have a downward bias due to missing data from the government shutdown.