Anticipation of incoming president Trump’s tariffs has caused confusion regarding high prices and high inflation. They are not really the same. The effect of tariffs is to push prices up, but not to ...

Inflation cooled to 2.5% for the year ending in June in the index favored by the Federal Reserve, the Bureau of Economic Analysis reported Friday, down a tenth of a percentage point from the previous ...

Inflation rose 2.7% on an annual basis in November, according to the latest government report on the Consumer Price Index, or CPI. Last month's CPI was forecast to come in at 2.7%, according to ...