Inflation came in below economists' forecasts and slowed from December's 2.7% annual rate.
Millions of Americans braced for runaway inflation in response to President Donald Trump's aggressive import tariffs. They're still waiting.
Inflation rose at a steady pace in December and remained persistently above the Federal Reserve's target rate as policymakers consider the case for interest rate cuts amid economic uncertainty. The ...
Inflation unexpectedly – and sharply – slowed in November, a seemingly welcome change for Americans weighed down by the persistently high cost of living. However, economists were quick to caution ...