U.S. inflation accelerated last month as the cost of groceries, gas, and used cars rose, a trend that will likely underscore the Federal Reserve's resolve to delay any further interest rate cuts.

Consumer price inflation reared its ugly head to start the year, dashing hopes for the Fed to lower borrowing costs anytime soon.

“Core” C.P.I., which more closely reflects underlying inflation by removing volatile food and energy prices, also showed ...

U.S. consumer prices increased more than expected in January, reinforcing the Federal Reserve’s message that it was in no rush to resume cutting interest rates amid growing uncertainty over the ...

Inflation in the US rose more than expected in January, reinforcing expectations that the Federal Reserve may delay interest ...

The Consumer Price Index rose month-to-month and year-over-year, both surpassing expectations with increases in shelter, food ...

U.S. consumer prices rose by more than expected in January, driven by a sharp increase in egg prices amid an outbreak of bird ...

The EUR/USD pair advanced to a fresh weekly high of 1.0384 during European trading hours on Wednesday, moving cautiously ...

Inflation slowed through much of last year – falling as low as 2.4% from a 40-year high of 9.1% in mid-2022 – but it has remained stubbornly high since fall. The cost of services such as car insurance ...

Real growth could zigzag through the summer, affecting financial markets. Find out how increasing inflation and interest ...