How much control does the president really have over inflation?

By Lucia Mutikani WASHINGTON, June 25 (Reuters) - U.S. inflation increased further in May, breaking above 4.0% for the first ...

US CPI hit 4.2% in May 2026, the highest in three years, as gasoline prices surged 40.5%. Falling crude oil prices may ease ...

Amid fluctuating expectations for US Federal Reserve rate hikes due to soft job data, experts highlight potential impacts on ...

Economists raised their forecasts for a key gauge of US inflation this year and boosted estimates for job creation, scrapping ...

US businesses’ input costs are rising rapidly as the Iran war’s oil shock continues to ripple through the economy.

Gold holds near $4,000 after US PCE inflation data meets expectations, reducing September rate-hike odds from 68% to 63%.

Annual inflation rose to a three-year-high of 4.2% in May, underscoring how elevated energy prices are rippling through the US economy, according to new data from the Bureau of Labor Statistics.

WASHINGTON, May 28 (Reuters) - U.S. inflation increased at its fastest pace in three years in April, driven by higher energy prices due ⁠to the ⁠Iran war and cementing economists' views that the ...

The dollar was set to snap a three-session streak of gains on Thursday, after a flurry of U.S. economic data that included a ...

By Sukanya Mitra June 29 (Reuters) - Gold prices fell on Monday as fresh U.S.-Iran tensions lifted oil prices and sparked ...