The December CPI reading caps a year when many Americans felt squeezed by affordability pressures.

Groceries and restaurant meals had large price increases over the month, while gasoline costs and used-car prices declined.

Food inflation has been relatively moderate though in recent years compared with the steep rise in grocery costs in 2022. The ...

Interest rates are almost sure to fall this year. The Federal Reserve itself expects to ratchet down the benchmark fed funds ...

The latest release of inflation statistics shows price growth was in line with what economists expected after the government ...

The CPI was expected to rise 3% on an annual basis last month, according to economists surveyed by financial data firm FactSet. In the most recent inflation reading, from September, the CPI rate rose ...

Dropping rates more than conditions warrant would stimulate the economy in the short term but could lead to trouble, our ...

A new report found Phoenix’s inflation rate increased over the last four months. Common Sense Institute Arizona released a ...