The Federal Reserve aims for inflation of 2% over the long run, and for much of the last 20 years, the U.S. inflation rate has been ... been due to housing prices increasing much more in the ...

Conor O'Kane does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond ...

February's data comes after inflation accelerated in January ... Grocery prices are continuing to rise, with groceries increasing 2.6% in February from a year earlier, the CPI report said.

February's Consumer Price Index (CPI) report showed inflation pressures eased in February, calming some fears about the health of the US economy during a rocky few weeks for markets. The latest ...

In the 12 months through January, prices rose 2.5% after increasing ... inflation target. Financial markets expect the Fed ...

the Fed hopes to support the economy without increasing the number of rate cuts that might put further pressure on inflation. “The Fed indirectly cut rates today by taking action to reduce the ...