Today, it’s $5.90. You can calculate the inflation rate for a specific product or service with a simple formula: As you can see, the price of a dozen eggs has increased by about 286% over five ...

Part of the Fed’s role is managing pricing stability and employment with interest rate adjustments. According to the FOMC, an annual target increase in inflation of 2% is consistent over the ...

Despite the lower-than-expected inflation, the Federal Reserve is still likely to hold off on cutting rates at its March 19 meeting, Haigh noted. "[The] combination of easing inflationary ...

The consumer price index, a wide-ranging measure of costs across the U.S. economy, ticked up a seasonally adjusted 0.2% for the month, putting the annual inflation rate at 2.8%, according to the ...