The consumer price index was expected to show a 4.2% gain from a year ago, according to the Dow Jones consensus estimate.

The PCE price index for April was expected to show an annual inflation rate of 3.8% for all items and 3.3% for core.

The stock market's expensive valuation is particularly concerning alongside the prospect of higher interest rates.

Consumer prices surged 3.8% in April from a year ago. That's according to data released today from the Department of Labor. SACHA PFEIFFER, HOST: It's the highest annual reading since May 2023, and it ...

U.S. inflation accelerated in May for the third month in a row, as the Consumer Price Index rose 4.2% from a year earlier, ...

WASHINGTON, April 15 (Reuters) - High oil prices are likely to keep underlying inflation nearly a percentage point above the ⁠Federal ⁠Reserve's 2% target for the rest of this year, with the ⁠U.S.

Add Yahoo as a preferred source to see more of our stories on Google. The Labor Department's March CPI shows how prices are changing, from groceries and rent to gas. Headline inflation rose 3.3% from ...

Fed Chair Kevin Warsh favors a new measure of inflation for the Federal Reserve. Changing the benchmark could shift monetary policy.

Consumer and wholesale prices are rising at the fastest rate in three years due to the Iran war Higher prices have forced Americans to be more choosy about what they buy. The surge in gasoline prices ...

OSLO, June 10 (Reuters) - Norway's annual core inflation rate rose unexpectedly in May, Statistics Norway (SSB) data showed on Wednesday, supporting expectations interest rates could increase further ...