The war in the Middle East risks worsening an inflation problem that the Federal Reserve has struggled for years to subdue. By Colby Smith and Ben Casselman Colby Smith covers the Federal Reserve. Ben ...

This story about the February 2026 PCE inflation is developing and will be updated with more details. The Federal Reserve's preferred inflation gauge remained stubbornly high in February as consumers ...

Russel Kinnel: Oil prices are surging, and inflation is already on the rise. Oil prices have been very volatile lately, so it’s impossible to say how much they will impact prices in six months or a ...

Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...

The impact of the Iran war on global oil prices could push the rate of inflation facing U.S. consumers higher, which would leave Federal Reserve policymakers in a difficult spot as they weigh possible ...

An energy shock stemming from the fighting has added a layer of complexity to the Federal Reserve’s decision-making around interest rates. By Colby Smith Colby Smith covers the Federal Reserve. Early ...

Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...

The core personal consumption expenditures price index rose a seasonally adjusted 3% in February, the Commerce Department reported. The all-items headline inflation measure increased 2.8%. In addition ...

The OECD on Thursday issued a somber warning about the economic impact of the Iran war if it drags on, saying inflation could reach a painful 4.2% in the US this year. “The breadth and duration of the ...

Headline inflation 2.5% in March vs 1.9% in Feb Energy price accounts for vast majority of rise ECB debating whether to raise rates FRANKFURT, March 31 (Reuters) - Euro zone inflation soared past the ...

Wall Street was already worried about another surge in inflation tied to the Iran war. Now a stunningly large increase in the cost of imported goods has added to the angst. Import prices leaped 1.3% ...

Anything more than a short-lived spike in inflation could warrant an increase in interest rates, ECB President Christine Lagarde said Wednesday. The ECB kept interest rates on hold at its last ...