The White House says inflation is low and cool. Virtually every alternative calculation paints a less rosy picture.

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 ...

The Federal Reserve cut interest rates by a quarter point Wednesday, its first reduction this year, as officials signaled they are more concerned about a softening labor market than the risks of ...

Minneapolis Fed President Neel Kashkari said Friday that he expects tariffs to exert minimum long-term pressure on inflation, leaving room for multiple interest rate reductions ahead. Kashkari said a ...