Inflation in the U.S. has bubbled up in the past few months in a worrisome sign, but the bubble could pop by next spring. The recent rise in inflation has come as a nasty surprise, to be sure.

(Reuters) -Federal Reserve Bank of Philadelphia President Anna Paulson said on Monday that if inflation pressures do not moderate as she expects the central bank should be willing to take action. If ...

Price increases accelerated in June, government data this week showed. Commonly imported products like clothes, furniture and bed linens were among the goods that jumped in price last month as ...

U.S. inflation has bubbled up in the past few months, in a worrisome sign, but that bubble could pop by next spring. The recent rise in inflation has come as a nasty surprise, to be sure. Consumer and ...