The Federal Reserve's preferred inflation gauge remained stubbornly high in February as consumers continued to face elevated price growth. The Commerce Department on Thursday reported that the ...

Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...

Inflation surged in March as consumer prices jumped amid the economic disruptions caused by the Iran war's impact on the energy market. The Bureau of Labor Statistics on Friday said that the consumer ...

On paper, the numbers look astonishing. The annual rate of inflation in Argentina has plummeted from 211% in 2023 to 31.5% by the end of 2025. President Javier Milei is taking plenty of credit for the ...

It's been a year since Trump announced tariffs on many countries in what he called Liberation Day. The effects of tariffs on inflation seem to have been milder than expected. Still, tariffs have put ...

The sudden increase in US gasoline prices felt by American consumers is set to be on full display in key inflation data due out this coming week. Economists are penciling in a 1% increase in the ...

Uncertainties surrounding the Iran war briefly dropped the Dow Jones Industrial Average and Nasdaq Composite into correction territory. The Federal Reserve Bank of Cleveland's proprietary Inflation ...

Federal Reserve Bank of Chicago President Austan Goolsbee thinks that the Iran war risks fueling inflation, which would make it harder for the central bank to ease interest rates in 2026. Goolsbee — ...

Strait of Hormuz closure could sharply raise inflation: Dallas Fed paper Closure would have a limited effect on long-term inflation expectations, research finds Fed policymakers tracking inflation, ...

Likelihood of ECB's adverse scenario is on the rise Memory effect could quickly lift inflation expectations No signs of deanchoring, second-round effects yet Too early to say if rate hike in April ...

We have only had inflation that high twice since 1992. High inflation would be very disruptive to the economy, but would probably be temporary. The problem with paying attention to forecasts is that ...

"I think the job market is basically stable, but not great," said Austan Goolsbee, president and CEO of the Federal Reserve Bank of Chicago. Fed's Austan Goolsbee noted that the Fed is designed to get ...