Inflation reared its head again in January, rising by 3% on an annual basis, up from a rate of 2.9% in December and 2.7% the month prior, according to new data released this week. The steady uptick ...

Wage growth is finally outrunning inflation, and that shift is quietly rewiring the outlook for the United States economy.

The Federal Reserve is now prioritizing labor market data over inflation in its decision-making process. Inflation remains relevant, but as long as disinflation continues, the Fed can focus more on ...

As early signs emerge that tariffs will drive up prices, the Federal Reserve faces a crucial question: Will tariff-induced inflation be short-lived, as the level of prices adjusts to the higher ...

Last month’s wholesale price figures suggest inflation is moving back toward the Fed’s 2% target level – after peaking at a 40-year high in 2022. The cost of gas, groceries and cars are either falling ...

The monetary policy narrative in the U.S. has undergone a rapid shift from inflation to the labor market, especially since the July nonfarm payrolls report. The Federal Reserve's goal is to "promote ...

On Monday, several Fed officials explained why they think the central bank should be reluctant to cut its benchmark interest rate in the months ahead, while one argued for steep cuts. Three ...

Vice President Kamala Harris paid the price for Americans paying high prices. Or at least higher prices. And while everyday prices are certainly higher than they were prior to the pandemic, the annual ...

John Hawkins was formerly a senior economist and forecaster in the Reserve Bank and the Australian Treasury. Lower petrol prices and an electricity rebate have contributed to a further fall in the ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...