Trump has demanded the U.S. central bank lower its benchmark overnight interest rate immediately by a full percentage point, ...

Inflation rose less than expected in May, a month when the effects of higher tariffs were starting to become more widespread.

The Consumer Price Index rose 2.4 percent in May, from a year earlier, a reading that reflects only the initial impact of ...

Inflation moved up in May as Trump's tariffs threatened to filter into consumer prices, CPI report shows. Gasoline prices ...

Uncertainty over tariffs had already led the central bank to adopt a wait-and-see approach to interest-rate decisions.

Economists and investors for possible effects of tariffs on prices when the Bureau of Labor Statistics release May’s consumer ...

Canada’s unemployment rate rose to 7% in May, and more layoffs may follow, according to former Bank of Canada Governor ...

The U.S. Federal Reserve will keep interest rates on hold for at least another couple of months, according to most economists ...

Understand how inflation impacts U.S. stocks and the economy. Preview May CPI data and inflation prospects for 2025. Click ...

Consumer prices rose 2.4% over the year in May, slightly higher than the previous month but below economists' expectations.