Inflation news, events & figures

Fed’s preferred inflation gauge rises to nearly three-year high under Warsh

The Fed’s preferred inflation gauge rose to 3.8% in April, its highest level since May 2023, complicating Kevin Warsh’s start as central bank chief.

Florida mother turns to digital coupons as grocery bills climb

As grocery prices keep rising, Florida mother Kiana Powell says digital couponing has become a daily strategy to stretch her family’s budget.

Silver slides as inflation fears hit bonds, stocks and metals

Bonds, global stocks and precious metals fell Friday as renewed inflation concerns and geopolitical uncertainty drove broad selling across markets.

Food pantries see more Americans return as prices outpace wages

Families are returning to food pantries across the U.S. as prices rise faster than wages, according to a new CBS News report.

Bond market pushes for tighter Fed stance as Warsh takes over

Bond investors are signaling concern that the Fed is behind inflation as Kevin Warsh prepares to lead the central bank after hotter April price data.

Producer Prices Rose at Fastest Pace in Four Years in April

The Producer Price Index rose in April at its fastest pace in four years, adding to signs that inflation pressure was building.

Trump heads to Beijing as Iran war weighs on prices

Trump’s Beijing trip puts trade and Iran at the center of U.S.-China talks as inflation data is expected to show pressure from the war.

Fed holds rates steady as inflation pressures persist

The Federal Reserve held interest rates steady for a third straight meeting as elevated inflation and a divided policy committee cloud the path ahead.