The report comes at a pivotal moment for the Federal Reserve, which is scheduled to meet next week to decide whether to hike interest rates.

The details in the latest Consumer Price Index report could compel the Federal Reserve to raise interest rates.

Gold fell on Monday as ​a rally in oil prices and stronger-than-expected inflation data on Friday bolstered expectations of a Fed rate hike this week.

They say patience is a virtue, and that is being tested this week as the January jobs report from the Labor Department gets released five days behind schedule on account of the short government shutdown last week. Economists are looking for a gain of about ...

November CPI data shows a sharp deceleration in both headline and core inflation, with core CPI falling to 2.6% YoY, its lowest since March 2021. Disinflation was broad-based, led by food and shelter, but significant data gaps from the government shutdown ...

Inflation is reshaping how Americans shop in the U.S., as everyday costs remain high and more people turn to thrift stores and resale platforms for lower prices, one-of-a-kind finds, and alternatives to buying new.

Gold prices inched lower on Tuesday, as rising oil prices fueled inflation ‌concerns and boosted expectations for a rate hike by the Federal Reserve in September, with investors awaiting U.S. inflation data for further clues on monetary policy outlook.