The 12-month rate of inflation as of August 2026 is 3.4%, according to the Bureau of Labor Statistics (BLS). Energy inflation spiked to 16.9% as the status of the Strait of Hormuz remains uncertain.

The June Consumer Price Index (CPI) report is the last major inflation data point before the Federal Reserve's meeting later this month. The market expects the Fed to hold rates steady at its July ...

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.

U.S. inflation stayed stuck at an elevated level in August, reinforcing the Federal Reserve’s decision this month to raise ...

The August Consumer Price Index (CPI) report is the last inflation update the Federal Reserve will see before it meets next week. After the August jobs report came in much better than expected and ...

Inflation risks have intensified in recent weeks as the price of oil has risen. The Fed at its meeting last week held the policy rate of interest steady in the 3.5% to 3.75% range on an 8-4 vote that ...

"The hikes do not need to come at consecutive meetings," Christopher Waller noted.

The new jobs report is worse than many people realize New Federal Reserve Chair Kevin Warsh is reviewing how the central bank calculates inflation. Buy bonds. The June jobs report is worse than many ...

Woman reviewing expenses, trying to figure out increasing costs and how to best manage her finances. If you’re budgeting around the government’s inflation rate, you may already be falling behind. Your ...