The Labor Department released the closely watched December consumer price index report Thursday, revealing just how hot inflation was running last month.

The Labor Department on Thursday will release the December consumer price index data, which is expected to show that inflation inched higher last month.

A New York Federal Reserve survey released Monday shows consumers are bracing for inflation to remain above the central bank's 2% target in the long term.

Federal Reserve meeting minutes released Wednesday indicate that central bank officials think interest rates are at their peak in this tightening cycle.

At its final meeting of the year, the Federal Reserve hinted that its inflation fight is at an end — and that interest rate cuts are on the way in 2024.

Chicago Federal Reserve Bank President Austan Goolsbee said Sunday that although the central bank has made good progress in bringing down inflation it's "too early to declare victory."

The Dow Jones Industrial Average roared to a new all-time high, surpassing 37,000 after Federal Reserve Chairman Jerome Powell said policymakers have nearly licked inflation.

The Federal Reserve on Wednesday paused its interest-rate hike campaign for the third straight time amid growing evidence that high inflation is subsiding.

The Federal Reserve's nearly two-year interest rate hike campaign may be finally coming to an end as inflation continues to show signs of slowing down.

Underlying inflation pressures faced by American consumers eased in October relative to the prior month according to a new report by the Federal Reserve Bank of New York.

The Federal Reserve's more than year-long interest-rate hike campaign may be finally coming to an end as inflation continues to show signs of slowing down.

Federal Reserve Chair Jerome Powell on Friday said that despite recent declines in inflation, policymakers are prepared to raise rates again if needed.

The Labor Department said Wednesday the producer price index tumbled 0.5% in October, evidence that price pressures in the economy are beginning to abate.

The Labor Department released the closely-watched October consumer price index report on Tuesday, revealing just how hot inflation was running last month.

Federal Reserve Chair Jerome Powell said Thursday that despite recent declines, inflation still remains too high for the central bank to declare victory.

Climate protesters interrupted a speech by Federal Reserve Chairman Jerome Powell on Thursday, causing the central bank chief to be briefly escorted off the stage.

The October jobs report released Friday provided a key look at the labor market's health as it continues to confront high interest rates and inflation.

The October jobs report, due Friday morning, is expected to show the labor market is continuing to moderate due to higher interest rates and inflation.

The Federal Reserve paused its interest-rate hike campaign on Wednesday for the third time this year despite signs that inflation remains unusually high.

The Federal Reserve is likely to hold interest rates steady at a 22-year high on Wednesday, even as inflation remains above the central bank's 2% goal.