Prices for the basics that define everyday life, from groceries to transportation, have climbed far faster than many ...

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.

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 ...

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.

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 ...