Core inflation rose in July to 2.9%, according to the Personal Income and Outlays report from the Bureau of Economic Analysis, the Fed's preferred measure.

The core index that omits energy and food costs also rose by 0.3% in June, but the annual rate ticked up to 2.8% from 2.7% ...

The risks are rising that we could see another ‘inflation mountain’ emerge over the coming months,” Apollo Global’s chief ...

US stocks close higher, with S&P 500 and Nasdaq scoring record highs. Tame inflation seen giving Fed room to cut rates next ...

The inflation rate has stubbornly refused to fall to the Fed's goal of 2%. Costco's business model makes it less sensitive to inflation than other retailers. The stock fell in line with the broad ...

India’s central bank said on Thursday that the existing inflation-targeting regime has broadly delivered for the economy and likely needs no overhaul, and it released a discussion paper to gather ...

India's central bank said on Thursday the current inflation-targeting framework has worked well for the economy and signalled ...

Inflation may have cooled off from its peak of around 9% in 2022, but the beast has not been fully tamed. The Federal Reserve is aiming for a 2% inflation rate, and the central bank has resisted ...