Treasurer Jim Chalmers has warned inflation still has room to grow after it lifted to its highest rate since September 2023.

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A new reading on the Federal Reserve's preferred inflation gauge showed prices remained sticky in December, likely leading the central bank to hold interest rates steady. The Personal Consumption ...

Over the past two years, the Federal Reserve has largely reigned in inflation. The Consumer Price Index (CPI) has moderated from 9.1% to 2.4%, putting the Fed’s 2% inflation target within reach. While ...

Inflation remained elevated in February as the pace of consumer price growth stayed above the Federal Reserve's target rate as policymakers weigh affordability concerns. The Bureau of Labor Statistics ...

The gauge released Thursday offers the Federal Reserve a snapshot of conditions leading into the Iran war.

A new review of state education data shows teacher pay increases can't keep up with inflation and fewer students are enrolled ...

The Federal Reserve's preferred inflation gauge remained elevated in December as price pressures continued to pose a challenge for consumers. The Commerce Department on Friday reported that the ...

Inflation fell one-tenth of a percentage point in January to 2.8%, the Bureau of Labor Statistics reported in an update to to the personal consumption expenditures index, the Federal Reserve’s ...

Wednesday’s inflation data confirms the worst is still to come. The RBA, households and the prime minister know there’s no ...

HSBC Chief Economist Paul Bloxham says new inflation data gives confirmation that it is “too high”.

The Reserve Bank of Australia has been given more ammunition to lift interest rates next week after inflation soared in March ...