They don’t like the “calories” — the pain of inflation that follows. The August CPI was a head fake. I continue to anticipate economic pain over the next several months. Don’t be fooled ...

Fed officials are mostly confident that inflation over time will head lower, but they want to see further evidence that it is declining before cutting their key rate any further. The Fed's rate ...

“We know that ongoing progress toward our 2 percent goal is not assured: Inflation has given us a few head fakes,” Mr. Powell said. “If it becomes appropriate to tighten policy ...

Fed officials are mostly confident inflation over time will head lower, but they want to see further evidence that it is declining before cutting their key rate any further. The Fed’s rate ...

“The Fed is likely to look past the impact of tariffs because monetary policy will have little impact on temporary, tariff-driven inflation,” Abric, the firm’s head of US inflation, said in ...

WASHINGTON — U.S. inflation accelerated last month as the cost of groceries, gasoline and rents rose, a disappointment for families and businesses struggling with higher costs and likely ...

Yet the tick up in consumer prices makes it less likely the Fed will cut rates anytime soon. Fed officials are mostly confident that inflation over time will head lower, but they want to see further ...