The Federal Reserve has welcomed the New Year by more of the same. As government spending continues to explode, the Fed ...

U.S. inflation has bubbled up in the past few months, in a worrisome sign, but that bubble could pop by next spring. The recent rise in inflation has come as a nasty surprise, to be sure.

(Bloomberg) -- Underlying US inflation probably cooled only a touch at the close of 2024 against a backdrop of a resilient job market and steadfast economy, supporting the Federal Reserve’s go ...

Economists polled by Reuters expect Wednesday’s US consumer price index to show inflation of 2.8 per cent in December, up from 2.7 per cent a month earlier. They anticipate that core inflation, which ...