The latest inflation report was released Thursday morning and, with it, the revelation that inflation increased in August. Now at 2.9%, the inflation rate increased from July's 2.7% and is now almost ...

Inflation rose one-tenth of a percentage point to 2.7% for the year ending in August, the Bureau of Labor Statistics reported Friday in an update to the Federal Reserve’s preferred gauge. Economists ...

The Consumer Price Index in June rose 2.7% on an annual basis, a sign inflation around the U.S. is creeping up after declining earlier this year. The CPI was forecast to rise 2.7% last month, higher ...

The inflation rate is not zero; it’s currently at 2.9% year over year. That’s higher than the Fed’s 2% "price stability" target. The inflation rate also has been rising for the past four months. See ...

Consumer spending came in strong even as the Fed’s preferred inflation gauge remained stubbornly high in August – though not enough to dash hopes for an interest rate cut next month. Personal ...

The Bank of Canada plans to keep its 2% inflation target, but is examining the best ways to measure core inflation and how to factor housing costs into its monetary policy decisions. Speaking in ...

The European Central Bank can tolerate inflation below 2% for some time but will have to take action if price pressures keep falling short of its target sustainably and expectations start to slide, ...

OTTAWA, Aug 26 (Reuters) - The Bank of Canada will not review its inflation target when its monetary policy framework comes up for renewal next year, Governor Tiff Macklem said on Tuesday, saying the ...