The country’s inflation rate continued its acceleration streak for the second straight month in November due to faster rise ...

U.S. inflation rose 2.6% on an annual basis last month, representing an uptick from September when the Federal Reserve began cutting interest rates amid signs of cooling prices and a weaker labor ...

Inflation rose two-tenths of a percentage point to 2.6% for the year ending in October, the Bureau of Labor Statistics reported Wednesday in an update to the consumer price index, the first rise ...

Inflation rose as expected last month on the heels of ... weigh whether to lower rates during their next meeting. “The 2.6% year-over-year print, while expected, may keep the Fed mindful ...

The latest inflation data will likely reinforce the central bank’s cautious approach when it meets to decide on cutting ...

Consumer prices have jumped more than 20% since Dec. 2020, working out to over 5% annualized inflation under the Biden administration.

groceries and rent cost — rose 0.2% in October from the prior month and was up 2.6% from a year ago. Economists polled by LSEG predicted that inflation would come in at 0.2% in October while ...

The PCE index, the preferred inflation gauge of the Federal Reserve, rose to 2.3% in October, up from a 2.1% increase for the September PCE. It is the first time that PCE inflation has gone up since ...