According to the latest Consumer Price Index (CPI) report from the Bureau of Labor Statistics, inflation rose slightly in January 2025, bringing it to its highest point since June 2024. For many ...

High inflation has created severe financial pressures for most U.S. households, which are forced to pay more for everyday necessities like food and rent. Price hikes are particularly difficult for ...

January's hotter-than-expected CPI data pushed mortgage rates up Wednesday. High inflation means the Fed is less likely to lower its benchmark rate, so mortgage rates may not drop at all this year.

If so, you're not alone. The market's been weak since inflation kicked into high gear in the second half of 2021. More than a year later, we're still struggling with extreme price increases and ...

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“Inflation risks are still to the upside in the views of most FOMC participants, and certainly in my view as well. There’s a risk that the high inflation we are seeing will be prolonge ...

"We found that it's going to be another expensive summer for air conditioning because temperatures will stay high, and electricity prices have been rising faster than inflation," energy economist ...

Five years ago the Fed recast its approach to allow more room for lower unemployment rates and pledged to use periods of high inflation to offset years in which inflation was weak, a common ...

The Bank of England is trying to gauge to what extent the higher tax burden for employers will lead to price rises in stores and increase the risk of persistently high inflation pressure.

LONDON (Reuters) -Bank of England monetary policymaker Megan Greene said on Monday that wage and inflation measures were moving in the right direction but remained too high and that she was ...

The cost of living is still too damn high, so I promised to put more money in your pockets – and we got it done." ...