The Fed lowered its key interest rate by a total percentage point at three meetings late last year but held it steady in late ...

Inflation targeting is a method used by central banks to maintain stable prices by aiming for a specific inflation rate, typically between 2% and 3% annually in many developed nations. The key concept ...

Inflation accelerated for a third straight month in December on rising food and energy costs, reaching a five-month high and underscoring that an encouraging slowdown in price increases last ...

The definition of maximum employment, on the other hand, is a lot murkier. “There is not an explicit target for unemployment like there is for inflation,” said Stockwell. “But to keep ...

A rising number of Americans are anxious about the state of the US economy — and it's all about inflation. The latest University of Michigan consumer sentiment survey released Friday showed ...

The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging. Source: Bureau of Labor Statistics By The New York Times By Ben Casselman ...

Inflation picked up in late 2024, fueled by an increase in gas prices, the latest sign of stalled improvement on lowering prices as President-elect Donald Trump prepares to take office. The ...