The Federal Reserve raised rates for the first time since 2023 as inflation remained high. Tariffs and political pressure add uncertainty.

March saw a notable 0.1% drop in overall inflation, with year-over-year inflation falling to 2.4%, the lowest in four years. Energy prices significantly contributed to disinflation, despite a 0.4% ...

Inflation hit its highest level since 2023 in the first full month of the war with Iran, according to the Federal Reserve’s preferred gauge. Higher energy prices drove much of the jump in March. That ...

The Federal Reserve raised its key interest rate for the first time in three years amid persistent inflation caused in part ...

For much of the past year, investors have focused on one question: when will interest rates come down? President Trump has made no secret of where he stands. He has repeatedly criticized the Federal ...

Inflation in May rose 4.2%, its highest level since 2023, as the Iran war pushes up prices, adding pressure on household budgets in the Chicago area. CHICAGO (WLS) -- New data released Wednesday shows ...

An overwhelming majority of Americans are worried about inflation as concerns about tariffs stalled progress in bringing price increases down to a more palatable level – and the starkest impact of ...