Overall inflation also slowed last month, with consumer prices unchanged from April to May, in part because of sharp falls in ...

U.S. stocks are rallying Wednesday following a surprisingly encouraging update on inflation. The S&P 500 was 0.9% ...

The year-over-year measure rose 3.4%, cooling to the slowest pace in more than three years, according to data out Wednesday.

Gold (XAU/USD) trades marginally lower on Wednesday as expectations that interest rates in the US will remain high, and news ...

Consumer prices rose 3.3 percent in the year through May, a deceleration in inflation that Federal Reserve officials will ...

Economists see the core gauge as a better indicator of underlying inflation than the overall CPI. That measure was flat from ...

U.S. markets are up modestly ahead of a decision by the Federal Reserve on interest rates and the government’s latest data on ...

WASHINGTON (AP) — Federal Reserve officials on Wednesday will likely make official what's been clear for many weeks: With inflation sticking at a level above their 2% target, they're downgrading their ...

A broad sell-off across the sharemarket pushed the benchmark into the red for a second consecutive session on Wednesday, as ...

WASHINGTON: The US Federal Reserve is likely to keep interest rates unchanged this week but could pare back the number of ...

The latest CNBC/NRF Retail Monitor data, released by the NRF, showcased a rebound in US consumer spending in May with ...

Will the Fed cut rates in 2024? Investors await the Fed's policy decision and economic projections after their June meeting.