The latest Consumer Price Index (CPI) data came in hotter than expected, with inflation rising 2.6% in June, higher than the ...

The Bureau of Labor Statistics reported that the consumer price index (CPI), a popular inflation gauge, increased in June to ...

By Howard Schneider WASHINGTON (Reuters) -Rising prices across an array of goods from coffee to audio equipment to home ...

The July Fed meeting could be a lively economic event, with Wall Street keyed into what Fed Chair Powell has to say about interest rates and President Trump.

The CPI was forecast to rise 2.7% last month, higher than last month's rate of 2.4%, according to economists polled by ...

Stocks (^GSPC, ^IXIC, ^DJI) have rallied, but traders are bracing for Tuesday's Consumer Price Index (CPI) report to see if ...

The June inflation data is likely to keep Federal Reserve officials cautious, open to cutting interest rates later this year ...

Tuesday's mixed CPI report has further solidified expectations that the Fed will continue to hold interest rates steady. Read ...

The hotter-than-expected January CPI data will make the Federal Reserve more cautious about inflation risks, with more Fed watchers saying the central bank wouldn’t cut rates at all this year. U ...

On a less positive note, core inflation remained "sticky," rising 5.3% on an annual basis. Although that was lower than April's core CPI reading of 5.5%, it came in above forecasts for a gain of 5.2%.

But while CPI has cooled, the Fed’s preferred inflation gauge, the Personal Consumption Expenditures index, shows that inflation is still double its 2% target.

By Greg Robb . Powell said Fed is 'holding where we are' awaiting more data . The hotter-than-expected January CPI data will make the Federal Reserve more cautious about inflation risks, with more ...