When we talk about inflation, the conversation usually centers on periods (like now) when inflation is especially high.

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A new report on Wednesday showed inflation rising 4.2 percent in May, marking its highest level in three years and underlining how hard the Iran war is hitting consumers. The Labor Department report ...

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Inflation ticked higher in May as American consumers continued to face elevated fuel prices amid the Iran war's impact on the energy market and across the economy. The Bureau of Labor Statistics (BLS) ...

Inflation surged in May to the highest level since early 2023, as Iran war-related fuel costs worked their way through the broader economy. Subscribe to read this story ad-free Get unlimited access to ...

The Consumer Price Index is one of the last major data releases ahead of Kevin M. Warsh’s first meeting as chair of the Federal Reserve. By Colby Smith Colby Smith covers the Federal Reserve. The ...

The Bureau of Labor Statistics reported that the Consumer Price Index increased 4.2% in May from year-ago levels after increasing 3.8% in April. Year-over-year core CPI (which excludes volatile food ...

Economists expect a key inflation gauge set to be released on Wednesday to show that U.S. consumer prices in May rose at their fastest pace in more than three years. The Consumer Price Index is ...

If the Wall Street consensus is correct, the consumer price index is expected to show inflation running at a 4.2% annual rate off an expected 0.5% monthly gain in May. Worries are growing that the ...

Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...

Dallas Fed's trimmed mean inflation measure may currently understate true price pressures Core PCE inflation rose 3.3% year-over-year, fastest since 2023, per Commerce Department Warsh has said he ...