Fed’s Kevin Warsh rejects calls to ease policy, signaling inflation will stay capped at 2% as rate-cut hopes fade.

"If people thought this central bank was going to be comfortable with an inflation objective above 2%, they would be ...

The Federal Reserve’s new chairman has vowed to deliver price stability, but officials are at odds over whether that will ...

Former top Fed staffer Claudia Sahm believes the central bank is trying to be unambiguous about how inflation is a problem. "The problem right now is on the inflation side, so I think they're trying ...

After cooling slowly in 2024 and 2025, inflation is rising again, squeezing most Americans' budgets and making it harder to afford gas, groceries, and other necessities. Inflation reached 3.8% in ...

Inflation surged in May to the highest level since early 2023, as Iran war-related fuel costs worked their way through the broader economy. Limited time: Save 25% on NBC News subscription Get ...

As the war in Iran persists, signs point to a prolonged period of higher prices and slower growth rather than a quick shock. By Eshe Nelson Reporting from London When the war began in the Middle East ...

Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...

A key challenge for the Federal Reserve is that higher gas prices are inflationary, but they also reduce households’ spending power and dampen growth.

Inflation is still a problem, with market-based core inflation at 0.3%, the highest in 12 months. Government spending is the main driver of inflation, with concerns around fraud and lack of ...

GDP growth was revised down Thursday and the latest Personal Consumption Expenditures price index data highlighted the challenges advisors and their clients continue to face around inflation and the ...