Inflation rose two-tenths of a percentage point to 2.6% for the year ending in December, the Bureau of Labor Statistics reported Friday in an update to the personal consumption expenditures index, the ...
U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, ...
The nonpartisan advocacy group The Senior Citizens League predicts the 2026 COLA will be 2.1%, based on data from the Bureau ...
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
Consumers have demonstrated a high tolerance for the increasing price tag of attending live events, also known as “funflation.” ...
No economic story has been as constant in recent years as the dramatic increase in inflation from 2021 to early 2023 and its ...
Surging automobile insurance costs in VA and elsewhere around the country contributed to November’s annual inflation rate of ...
After a two-day meeting of its monetary policy committee in Washington, the Fed announced it would hold its rate target at 4.25% to 4.50%.
The Federal Reserve expressed concern that inflation has not eased enough for it to continue lowering interest rates.
In its first policy decision after Donald Trump’s return as the President of the United States and after three consecutive ...
Following a widely-held hold prediction, the FOMC dropped more hints on its inflation concerns while apparently maintaining ...