Officials at the Federal Reserve said this week that the U.S. economy is in for higher inflation and slower growth as ...

Inflation has eased in various parts of the economy. But Americans continue to face persistent “sticky inflation” in specific sectors, complicating the Federal Reserve’s efforts to manage ...

The Commerce Department released the February personal consumption expenditures (PCE) index, which showed that inflation remains above the Federal Reserve's 2% goal.

Consumer prices rose 2.4% in March compared to a year ago, marking a cooldown during a period that preceded the recession ...