Inflation fell to its lowest level in 3-and-a-half years in August, clearing the way for the Federal Reserve to start cutting interest rates next week. Consumer prices in August were up 2.5% from a ...

Inflation hit a fresh three-year low in September as another drop in gasoline prices offset a rise in used car and auto insurance costs. But price gains slowed less than expected and a gauge of ...

For the second time in less than a week, President Joe Biden falsely claimed Tuesday that the inflation rate was 9% when he began his presidency. Biden repeated the claim about the inflation rate, ...