A key measure of inflation posted the biggest increase in June in four months as the delayed effects of higher U.S. tariffs ...

U.S. inflation increased in June as tariffs boosted prices for imported goods like household furniture and recreation ...

Global trade developments continue to shape the outlook. Following an unprecedented escalation in tariffs imposed on the rest ...

The International Monetary Fund (IMF), in its World Economic Outlook (WEO) July update stated that global inflation is expected to continue to decline, with headline inflation ...

Australia's second-quarter inflation data was very welcomed and came in as just the central bank expected, a top official ...

Soft inflation data is more evidence that inflation is moving sustainably towards the Reserve Bank's target, the deputy ...

Cutting rates too soon could stoke inflation, which already sits above the Fed’s 2% target. But there’s also risk in waiting too long, which could hurt the labor market and slow economic growth.

Friday’s report showed one measure of inflation, the PCE price index, was up 2.3% from last year. So-called core inflation, which strips away volatile food and energy prices, was up 2.7%.

Gasoline prices dropped 12% in May from a year earlier, the CPI data shows. Other items that declined in price included clothing, which slipped by 0.9% from a year earlier, and airline fares, with ...

“Inflation is very likely going to increase,” said Marc Giannoni, chief U.S. economist at Barclays, who formerly worked at the Federal Reserve’s regional banks in Dallas and New York.