The CPI report was cooler than expected, although inflation is still higher than the Federal Reserve's 2% annual goal.

Inflation is getting closer to the Federal Reserve's 2% target.

To use this formula, you need the initial and final ... in the CPI for that specific good or service. To find the inflation rate, divide the difference by the initial value (the value recorded ...

The Berenberg economics team led by Holger Schmieding produced this striking chart, showing how interest-rate expectations ...

the Fed could quickly shift toward interest rate cuts. A sharp economic slowdown could eventually cool inflation by itself, economists say. “If you felt like the economy was really slowing down ...