Inflation surged to 2.7% in June, the highest since February, driven by tariffs on goods like furniture and appliances ...

Inflation rose by three tenths of a percentage point to 2.7% for the year ending in June, the Bureau of Labor Statistics reported Tuesday in an update to the consumer price index. Forecasters had ...

The tariff-driven inflation that economists feared begins to emerge after President Donald Trump's sweeping moves.

If market participants perceive that Fed independence is eroding, moves in financial assets could be wild, some analysts say.

The White House keeps insisting that inflation is a thing of the past. The latest Consumer Price Index numbers help prove ...

Trump’s needling aside, the latest inflation data show that Powell’s wait-and-see approach is the exact right tack for ...

Treasury Secretary Scott Bessent said Tuesday that a “formal process” to find a successor for Federal Reserve Chair Jerome Powell has already started — as the Trump administration ratchets up pressure ...