Inflation rose by one-tenth of a percentage point to 2.4% for the year ending in May, the Bureau of Labor Statistics reported Wednesday in an update to the consumer price index. Forecasters had expected inflation to tick up to 2.5% in the CPI.

Economists warn that Trump’s big tax bill could worsen inflation and lead to a financial crisis, citing concerns over the national debt and interest rates.

New data reveals where inflation is hurting consumers most. Discover which goods and services are seeing the biggest price hikes.

That skepticism is playing itself out in the current inflation debate. Since peaking at 9.1 ... as the controversial “sticky price” or core measure, used by both CPI and PCE, which excludes ...

The Inflation Reduction Act led to growth in manufacturing jobs, with most benefits going to GOP-voting states. But Republicans have done little to stop a repeal.

Boosting living standards by fixing the structural problems in the economy has been prioritised by the government. There is no shortage of advice where to start.

Democrats in the Missouri Senate vowed the procedural moves, which are rarely used, would lead to a "painful" response in the future.

it obviously matters that we measure inflation accurately moving forward. Retrospective assessments are also important for policy debates. Populists have used the demonstrably flawed CPI—which ...

A measure of underlying U.S. inflation remained firm in October ... will keep Fed officials cautious as they debate how quickly to reduce borrowing costs in the months to come.

The most prominent topic to be covered during the economy section of the debate could be inflation ... said he would renew his signature tax cut measure, while vowing to do away with taxes ...

The debate opened with an exchange ... though they acknowledged that a stimulus measure enacted by Biden may have contributed to some of the inflation. Like many economic problems, inflation ...