President Trump's tariffs will affect jobs and economic stability in many countries, and result in lower global growth, according to a top UN trade official.

If inflation continues to cool and economic data justifies it, a Fed rate cut could come later this year. That's good news for gold. Lower interest rates weaken the dollar and reduce the ...

Friday's report on inflation, income, and spending by the Bureau of Economic Analysis will likely show consumer prices rose 2.2% over the last 12 months ending in April, according to a survey of ...

Core inflation did not register at 3.9% or higher from 1993 to 2020, putting in perspective the continuously high inflation pervading the U.S. economy since the COVID-19 pandemic.

U.S. Federal Reserve officials feel they need to reconsider the key elements around both jobs and inflation in their current approach to monetary policy, given the inflation experience of the last ...

Inflation is dropping but these prices are still soaring. Prices are rising rapidly for some everyday items like coffee and beef. By Max Zahn. May 15, 2025, 5:17 AM. 1:44.

Core PCE inflation, which is the Federal Reserve’s favored measure of price changes as it excludes more volatile food and energy categories, was 2.5% in April, lower than projections of 2.6%.

Inflation increased slightly in May and remained above the Federal Reserve's target rate ahead of the central bank's next meeting this month. The Bureau of Labor Statistics on Wednesday said that ...

FRANKFURT, Germany (AP) — The head of the European Central Bank said inflation has become more unpredictable due to shocks ...