This index is primarily used to determine current inflation and predict ... According to the FOMC, an annual target increase in inflation of 2% is consistent over the long run with a strong ...

CPI inflation has declined significantly from its pandemic-era high of 9.1% in June 2022. However, it remains above the Federal Reserve's target. The central bank aims for an annual rate around 2% ...

The Consumer Price Index in March rose 2.4% on an annual basis, showing progress in the Federal Reserve's battle to bring down inflation to ... Since the current bird flu outbreak began, more ...

Inflation throttled back in March, largely on lower gasoline prices — but tariffs threaten to reverse that downward trend in coming months while trouble also lurks in certain categories like ...