The consumer price index was expected to show a 4.2% gain from a year ago, according to the Dow Jones consensus estimate.

The PCE price index for April was expected to show an annual inflation rate of 3.8% for all items and 3.3% for core.

Consumer prices surged 3.8% in April from a year ago. That's according to data released today from the Department of Labor. SACHA PFEIFFER, HOST: It's the highest annual reading since May 2023, and it ...

The stock market's expensive valuation is particularly concerning alongside the prospect of higher interest rates.

WASHINGTON, April 15 (Reuters) - High oil prices are likely to keep underlying inflation nearly a percentage point above the ⁠Federal ⁠Reserve's 2% target for the rest of this year, with the ⁠U.S.

Consumer and wholesale prices are rising at the fastest rate in three years due to the Iran war Higher prices have forced Americans to be more choosy about what they buy. The surge in gasoline prices ...

The Fed’s preferred inflation gauge, the core PCE price index, climbed 3.0% year-over-year in February. On a monthly basis, core PCE rose 0.4%, as expected. The headline index rose 2.8% year-over-year ...

U.S. inflation accelerated in May for the third month in a row, as the Consumer Price Index rose 4.2% from a year earlier, ...

Higher gas prices driven mainly by the war in Iran pushed inflation higher in April but some economists argue the conflict’s ...