Economist say the new consumer price data is based on incomplete information because of the government shutdown.

The Federal Reserve has now cut interest rates for the third straight meeting, but the decision was anything but unanimous.

While headline CPI inflation held steady, pleasing markets and boosting expectations for a rate cut next month, worryingly, core inflation accelerated to a five-month high. Headline inflation stayed ...

The sudden resurgence of inflation has caused some more alarmist analysts to suggest that the US economy is in deep trouble.

The Fed’s preferred inflation gauge, the core PCE price index, rose 2.5% year-over-year in April, marking the lowest level for the index in over four years. The headline index was up 2.1% ...