WASHINGTON, Feb 20 (Reuters) - Underlying U.S. inflation increased more than expected in December, and signs are pointing to a further acceleration in January, which would strengthen expectations that ...

Nobel laureate Joseph Stiglitz pointed to several concerns he had about the US economy, like the decline in blue-collar jobs ...

Core PCE prices accelerated to a 3% annual increase in December, hitting their highest level since February in a clear sign ...

With demand holding up, inflation heated up last quarter. The price index for gross domestic purchases, which measures prices ...

Chicago Fed president Austan Goolsbee said Tuesday he’s focused on bringing inflation back down before cutting interest rates any further. “I remain optimistic that there can be more rate cuts this ...

Two big revelations have emerged from the Fed minutes of the latest FOMC meeting. First, the Fed members believe that the ...

US inflation unexpectedly cooled in November, according to a delayed report, although economists warned against reading too much into the numbers because of gaps in the data. The Consumer Price Index ...

Inflation is weighing on US incomes to a degree comparable to the 2008 Great Recession – potentially reducing consumer spending power ahead of the crucial holiday shopping season, according to a ...

The slightly lower number for January reflects smaller price increases for shelter and food, as well as a decrease in energy costs.

Just when we thought it was safe to return to the supermarket aisle, it seems inflation has come back to bite us again. Worse ...