The report comes at a pivotal moment for the Federal Reserve, which is scheduled to meet next week to decide whether to hike interest rates.

Prices consumers pay for a variety of goods and services rose slightly in July, according to the Federal Reserve's main inflation gauge. The personal consumption expenditures price index, which the ...

The Federal Reserve's preferred inflation gauge showed prices cooled more than expected in August — and is likely to quell ...

Consumer inflation was stable in August despite the war in Iran upending global energy markets and reviving price pressures across the economy. August’s annual inflation rate was unchanged at 3.4 ...

Inflation remained stubbornly elevated in August as a war-driven energy shock continued to ripple through the US economy and Americans’ pocketbooks.

U.S. inflation held at 3.4% in August, keeping pressure on the Federal Reserve as officials consider hiking its interest rate.

U.S. inflation showed little improvement in August, running at a 3.4 percent annual rate. Investors believe the Federal Reserve is very likely to raise rates at its meeting next week. Note: Data is ...

Ty Roush is a breaking news reporter based in New York City. Annual inflation was 3.3% in July, according to core personal consumption expenditures (PCE) price index data published Wednesday by the ...