In view of stubborn food inflation and sticky inflation expectations in this regard, a rate cut demand seems misplaced ...

The Federal Reserve declared victory over price inflation over the summer when it began rolling back its balance sheet ...

The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December. That's up from 2.7% in November. Energy, food, new and used vehicles, car insurance and airline fares were ...

The first chart is an overlay of headline CPI and core CPI (excludes Food and Energy) since the turn of the century. The highlighted two percent level is the Federal Reserve's target inflation rate.

At their last meeting in December, U.S. Federal Reserve officials were worried about inflation getting stuck above their 2% ...

Rising food and housing costs have hit the lowest-income Americans the hardest in recent years.