The U.S. annual inflation rate jumped to 4.2% in May, a three-year high. NPR's Steve Inskeep speaks with economist Claudia Sahm about what the numbers mean and what the Fed may do about it. Claudia ...

Global selling price inflation cooled in June amid lower energy prices, according to PMI survey responses, though overall rates of inflation remain elevated by standards seen over the past four years.

Millions of Americans hoping for a decline in inflation received unwelcome news on Wednesday when the Bureau of Labor Statistics reported another surge in the rate in April. Now at 3.8%, the inflation ...

Consumers learned July 14 that inflation “cooled” in June, thanks in part to falling gas prices. But prices still rose. In fact, the 3.5% annual inflation rate for June was higher than the inflation ...

Soaring energy costs led to the biggest monthly increase in the Consumer Price Index since the peak of the post-pandemic inflation crisis in June 2022. By Colby Smith Colby Smith covers the Federal ...

The recent Federal Reserve projections hold an important message, and retirees on a fixed income may want to prepare to withstand an economic downturn. On June 17, the Fed held its benchmark interest ...

It looks likely now that the Federal Reserve will return to hiking interest rates this fall. But we don’t expect this to last for long. In fact, we expect the Fed to return to rate cuts in 2027 and ...

May PPI surged to 6.5%, but core PPI missed expectations at 4.9%, suggesting energy drove the spike rather than broad-based inflation. The Fed faces a tough choice: hike rates and risk slower growth, ...

Australia’s inflation rate surged 1.1% in March, driven by a record jump in fuel prices, making an interest rate hike next Tuesday more likely. The consumer price index (CPI), released today, rose to ...