The reason is clear, experts told ABC News: Interest rates will remain historically high even after a small cut. The Fed ...

Wholesale costs in the United States picked up sharply last month, signaling that price pressures are still evident in the ...

This is why it is good that President-elect Donald Trump has now said he would not try to fire Fed Chair Jerome H. Powell.

U.S. producer prices increased by the most in five months in November, but easing costs of services such as portfolio ...

A key measure of U.S. wholesale inflation posted a small increase in November and probably added the final nail in the coffin ...

Inflation rose to 2.7% in November, aligning with economists' expectations of incoming president's plans to strengthen US ...

Average mortgage rates surged to around 7% last month, but they've dropped recently, with markets betting that the Federal ...

CBS News business analyst Jill Schlesinger joins "CBS Mornings" to discuss what to know about the prices of products after ...

Investors got the next piece of the inflation puzzle after the latest reading on consumer prices boosted bets on a December ...

South African analysts, business people and trade unions have lowered their inflation expectations through to 2026, taking ...