Kevin Hassett, an economic advisor to President Donald Trump and a possible nominee to be the next Fed chair, says inflation could return to 1%.

Recent economic data show that cumulative wage gains have finally surpassed the sharp rise in consumer prices that has plagued the economy for several years. This milestone marks the first time since ...

The Fed's preferred inflation gauge cooled in April, but prices could heat back up this year. High housing costs will prevent inflation from coming down, says Stifel's chief economist. A rate hike ...

While the Fed predicts inflation will moderate in 2026, Chair Jerome Powell still sees price pressures rising early next year ...

The Big Mac index reveals inflation is underestimated; Big Mac prices have risen 163% since 2000, while official inflation is only 85%. Technological advancements and hedonic adjustments skew ...

The Federal Reserve released new economic projections on June 18, forecasting higher inflation and slower economic growth than previously anticipated amid shifting trade, immigration, fiscal and ...

India's retail inflation rose in November from a record low in the prior month but stayed below the central bank's target ...

“Participants agreed that uncertainty about the economic outlook had increased further, making it appropriate to take a cautious approach until the net economic effects of the array of changes to ...

The Labor Department will release its latest monthly inflation report on Tuesday at a critical time for the economy, as the Federal Reserve will take stock of the impact of tariffs on consumer prices ...

Mr. Bernstein was the chair of President Joe Biden’s Council of Economic Advisers from 2023 to 2025. Mr. Cummings served the council as an economist from 2021 to 2023. Since President Trump took ...

The latest inflation report from the Department of Labor was scheduled for release last week but was postponed due to the ongoing government shutdown. September’s print is now due out on Friday ...