If the Wall Street consensus is correct, the consumer price index is expected to show inflation running at a 4.2% annual rate.

The PCE price index for April was expected to show an annual inflation rate of 3.8% for all items and 3.3% for core.

Review & Outlook: Robert F. Kennedy, Jr. is using Biden-era mistakes to tarnish a promising technology, and scientists are pushing back. The framework emerges from the Fed’s periodic review of its ...

(Reuters) -Federal Reserve Bank of Philadelphia President Anna Paulson said on Monday that if inflation pressures do not moderate as she expects the central bank should be willing to take action. If ...

Federal Reserve Chair Jerome Powell said the latest consumer price data show that while the central bank has made substantial progress toward taming inflation, there is still more work to do. "I would ...

Analysts say bitcoin lacks proof it can protect against rising prices, raising questions about its real value when costs go ...

Federal Reserve Bank of Minneapolis President Neel Kashkari on Tuesday cautioned that any drastic cuts to interest rates would risk stoking inflation. “You would expect to see the economy have a burst ...

The average American is in serious trouble. Inflation is rising. Wages are falling. Real wage growth is running negative. Yet consumers are still spending — by raiding their savings — which is ...

I expected that the Fed would make a hawkish turn at the June FOMC meeting, but the actual policy decision appears to be much more hawkish than I expected. Specifically, I expected that the Fed would ...