Inflation jumped to a three-year high in May as the Iran war continued to fuel higher energy prices.
Inflation hit its highest level in three years last month, according to fresh data released this week — but new Federal ...
American workers are still getting raises. Inflation is taking them back. Average hourly earnings rose 3.4% over the past ...
Consumer prices rose at a faster rate for a third-straight month in May, to 4.2 percent annually, as the energy shock put ...
The Federal Reserve should be raising interest rates rather than holding or cutting them, Creative Planning chief market ...
Tighter monetary policy, along with relatively aggressive Fed balance sheet contraction, helped drive price inflation down.
There were some encouraging economic developments this week that millions of Americans likely warmly welcomed. The unemployment rate in January, for example, declined to 4.3% as employers added more ...
A "hawkish" turn at the Fed and stubbornly high inflation could delay interest rate cuts, according to Bank of America economists.
The European Central Bank is expected to hike interest rates next week, becoming the first of the biggest central banks to do ...
The Iran war has pushed up gasoline, groceries and other prices for consumers.