The consumer price index eased in January but inflation was still elevated for many consumer necessities, economists said.

Inflation came in below economists' forecasts and slowed from December's 2.7% annual rate.

The consumer price index was unchanged in December, and the inflation rate for some consumer staples like food and ...

Inflation cooled for a third straight month in January as the headline figure for the Consumer Price Index came in at 2.4% year-over-year.

The slightly lower number for January reflects smaller price increases for shelter and food, as well as a decrease in energy ...

Based on this week’s jobs report, growth in average hourly earnings slowed to 3.5%, while price inflation is heating up. In November, average hourly earnings rose 3.5% year over year. That’s down from ...

Inflation eased more than expected to 2.4 percent pace last month.

In a report delayed by last year’s government shutdown, an inflation measure closely watched by the Federal Reserve increased at a 2.8% annual rate in November, the Bureau of Economic Analysis said ...

The Mortgage Bankers Association forecasts U.S. economic growth to slow to 1.6% in 2025, with inflation and interest rates impacting the outlook. The chance of a recession is 35%, and mortgage rates ...

Inflation is weighing on US incomes to a degree comparable to the 2008 Great Recession – potentially reducing consumer spending power ahead of the crucial holiday shopping season, according to a ...