The policy rate was hiked by 5.25 percentage points in 2022 and 2023 to tame inflation. A separate report from the Labor Department showed initial claims for state unemployment benefits slipped 2,000 ...

US consumer inflation inched lower in February according ... down from 3.0 percent in January, said the Department of Labor. While easing inflation would be a relief for policymakers, the latest ...

U.S. manufacturing contracted in March after growing for two straight months, while a measure of inflation at the factory ...

The Federal Reserve's key inflation measure rose more than expected in February while consumer spending also posted a smaller than projected increase, the Commerce Department reported Friday. The core ...

Addressing the wage-inflation gap requires a multifaceted approach. One potential solution is the strengthening of labor ...

With inflationary pressure continuing unabated -- at an unadjusted rate of 2.8% year-over-year as of February 2025, according to the U.S. Bureau of Labor Statistics' consumer price index -- ...

U.S. consumer spending rebounded less than expected in February while a measure of underlying prices increased by the most in ...

However, the Commerce Department announced Friday that the Fed's key inflation measure expanded more than expected in ...

WASHINGTON (Reuters) -U.S. consumer confidence plunged to the lowest level in more than four years in March, with households ...