CPI inflation has declined significantly from its pandemic-era high of 9.1% in June 2022. However, it remains above the Federal Reserve's target. The central bank aims for a 2% annual rate over ...

U.S. consumer prices increased moderately in February as higher shelter costs were partially offset by cheaper airline fares, ...

CBS News is tracking the rising cost of products most impacted by tariffs already imposed​ and new ones announced by ...

The Commerce Department released the February personal consumption expenditures (PCE) index, which showed that inflation ...

The Federal Reserve’s preferred inflation measure showed underlying price pressures persisting in February, as ...