The Federal Reserve is almost universally viewed as on track to cut interest rates next week, despite inflation running at a 3% annual rate in September — well above the Fed’s 2% target. What gives?

The Bureau of Labor Statistics released the September reading of the consumer price index earlier today. Here's the data at a glance: Overall YoY: +3.0%, less than the 3.1% expected and up from August ...

The Consumer Price Index rose 3 percent from a year earlier, a slight acceleration. The report was delayed because of the government shutdown, and the White House said it was unlikely to release ...

Inflation is on the rise again. That was the major economic takeaway on Friday morning after the Bureau of Labor Statistics released its delayed reading on inflation for September. Released later than ...

Annual inflation rose to 3 percent in September as a jump in gasoline and energy prices pushed price growth to its highest level since January. The consumer price index (CPI) rose 0.3 percent last ...

The government shutdown has likely scuttled the release of October inflation data, the White House said. "Due to the Democrat Shutdown, surveyors cannot deploy to the field — depriving us of critical ...

Since the shutdown began, the Bureau of Labor Statistics has not been gathering the new data it needs to produce future reports, since its staff is furloughed. By Ben Casselman and Tony Romm The ...

UK CPI inflation came in at 3.8% for September, unchanged from the previous month, with analysts having forecast a reading of 4%. Follow our live coverage for the latest reaction and the implications ...

President Donald Trump says he beat inflation. But several conventional measures of rising prices paint a different picture. Most experts agree inflation has picked up in recent months, in part ...

The Federal Reserve is doing a difficult balancing act, trying to tamp down inflation while lifting up the job market, Chair Jerome Powell said Tuesday. “There is no risk-free path for policy as we ...

Robin Thicke will be the headliner for Cathedral City's 11th annual Hot Air Balloon Festival. The city council gave the green light for Thicke to headline at the festival during its meeting on Monday, ...