Inflation accelerated in January, rising 3% on an annual basis, indicating that the Federal Reserve's push to drive inflation down to a 2% annual rate has stalled out, at least temporarily.

U.S. inflation accelerated last month as the cost of groceries, gas, and used cars rose, a trend that will likely underscore ...

Inflation likely stayed elevated last month in the latest sign that consumer price growth has gotten stuck after declining ...

US consumer prices came in hotter than expected in January as inflation showed few signs of weakening, dashing hopes for ...

The cost of food and energy continued to climb in January, hitting 3% for the first time since June 2024, pushing the cost of living higher for Americans.

Treasury yields jumped Wednesday morning after fresh data showed U.S. inflation in January was hotter than Wall Street expected. The yield on the 10-year Treasury note surged about 10 basis points to ...

The so-called core inflation measure, which excludes the more volatile food and energy costs, also picked up in January. Core ...

Federal Reserve chairman Jerome Powell says he isn’t rushing on rate cuts and the economy remains in solid shape.

Inflation picked up more than expected in January, returning to a 3% rate for the first time in seven months. The continued ...

The Federal Reserve’s preferred inflation gauge moved even higher in ... from November and a 2.6% annual gain, according to FactSet consensus estimates. The core PCE price index, which excludes ...