National Economic Council Director Kevin Hassett, a top economic advisor to Trump, on Monday rebuked concerns about ...

The U.S. is expected on Tuesday to report that rising costs for imported goods lifted overall consumer prices in June, ...

Consumer prices posted the biggest increase in June in five months and are likely to keep the Federal Reserve from cutting ...

The Federal Reserve will likely be able to start cutting short-term borrowing costs by September, traders continued to bet on ...

The consumer price index for June is expected to show that Trump tariffs began to nudge inflation higher last month.

The Bureau of Labor Statistics reported that the consumer price index (CPI), a popular inflation gauge, increased in June to 2.7% on an annual basis as prices rose for consumers.

Inflation rises to 2.7% in June, driven by earlier tariffs. Learn how this surge impacts the Fed's strategy and economic ...

Inflation rose last month to its highest level since February as President Donald Trump’s sweeping tariffs are pushing up the ...

Traders in the federal-funds futures market continued to expect on Tuesday the Federal Reserve to hold its benchmark rate steady this month, as they weighed the latest inflation data. Fed-funds ...

Excluding the volatile food and energy categories, core inflation increased 2.9% in June from a year earlier, up from 2.8% in ...

Critics of President Trump's tariff policies have been waiting for the import taxes to raise the inflation rate. That effect may be beginning.

The June inflation data is likely to keep Federal Reserve officials cautious, open to cutting interest rates later this year ...