Inflation came in below economists' forecasts and slowed from December's 2.7% annual rate.

The slightly lower number for January reflects smaller price increases for shelter and food, as well as a decrease in energy costs.

By Michael S. Derby Feb 23 (Reuters) - The underlying level of inflation heated up in December as measured by a New York ...

Several officials would have supported a statement by the Fed indicating that interest rates could rise if inflation remained ...

Core PCE prices accelerated to a 3% annual increase in December, hitting their highest level since February in a clear sign ...

The CPI was expected to rise 3% on an annual basis last month, according to economists surveyed by financial data firm FactSet. In the most recent inflation reading, from September, the CPI rate rose ...

Inflation eased its grip on the American consumer in November, with prices rising 2.7% from a year earlier, the Labor Department said in a Dec. 18 report. The annual inflation rate had crept as high ...

Inflation is a word you hear all the time. However, many people don’t fully understand how it works or how it impacts their daily lives. Find Out: How Middle-Class Income in 1980 Compares to 2025 Read ...

Terry Lane is a writer for Investopedia with 25 years of experience in journalism and communications. He covers personal finance, Congress, government regulations, and economics. Chip Somodevilla / ...