The Federal Reserve’s annual inflation target is 2%, since this is the number most likely to keep prices stable and ensure U.S. consumers can make sound financial decisions. But the ideal inflation ...

In a surprising turn of events, the annual inflation rate plummeted to 2.7% last month, catching many economists off guard.

The numbers: Wholesale prices posted the biggest drop in April since the pandemic in 2020, but economists say the decline in inflation appeared to be a one-off that might not be sustained if tariffs ...

President Donald Trump promised to lower costs on his first day in office. Here’s how it’s going so far. President Donald Trump promised to lower inflation starting on Day One in the White House.

Unless you’ve been living under a rock, you know that the price of just about everything has gone up considerably over the last couple years. That’s especially apparent at the grocery store, where ...

In 2020, the Federal Reserve (the Fed) responded to an acute recession by cutting interest rates and launching large-scale asset purchases to support credit and stimulate demand. Then, inflation in ...

Inflation fell to 2.4% in March, down 0.4 percentage points from February, according to Thursday's Bureau of Labor Statistics (BLS) Consumer Price Index report. It marks the first time since September ...

Job listings in the United States in 2021 grew plentiful while unemployment was low. To many policymakers and academics, the labor market looked hot. Recognizing the importance of inflation in such ...

The Federal Reserve has battled a variety of economic troubles over the past 35 years. Between tech busts, a financial crisis ...