Last month, the Federal Open Market Committee said it would maintain the federal funds rate at its current range of 4.25% to ...

Core CPI, excluding energy, food, alcohol and tobacco, rose by 3.7 per cent in the 12 months to January 2025, up from 3.2 per cent in December. Services inflation also rose to 5 per cent from 4.4 per ...

Americans are facing higher costs. Trump was elected on promises to lower prices for inflation-weary consumers and high ...

Inflation slowed through much of last year – falling as low as 2.4% from a 40-year high of 9.1% in mid-2022 – but it has remained stubbornly high since fall. The cost of services such as car insurance ...

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

It’s not just eggs. Many commonly purchased goods and services got more expensive in January, driving inflation in the wrong ...

Inflation likely started off 2025 by continuing to overstay its welcome, with price increases still gnawing away at the buying power of household budgets.

Forecasts for the January Consumer ... for core goods like new and used cars. The inflation rate has fallen dramatically from its peak in 2022 but has not yet returned to the Federal Reserve ...