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 ...

Every month, the University of Michigan’s Surveys of Consumers asks Americans to predict the rate of inflation over the next year. As recently as December, consumers expected an annual inflation ...

The Consumer Price Index in March rose 2.4% on an annual basis, showing progress in the Federal Reserve's battle to bring down inflation to a 2% rate. The CPI was forecast to rise 2.6% last month ...