The April inflation reading is down significantly from its 9.1% pandemic-era peak in 2022, which was the highest level since 1981. However, it remains above policymakers' long-term target ...

Meanwhile, bond markets reacted by pricing in slower economic momentum. The 30-year U.S. Treasury yield dropped to 4.91%, ...

Inflation throttled back in March, largely on lower gasoline prices — but tariffs threaten to reverse that downward trend in coming months while trouble also lurks in certain categories like ...

Federal Reserve Bank of St. Louis President Alberto Musalem said officials are focused on keeping long-run inflation ...

Consequently, cumulative welfare losses from unresolved or permanently high inflation dominate over the medium to long term (Chart 4). Countries that allow inflation to linger ultimately pay a higher ...

Inflation has pulled back significantly from its pandemic-era peak of 9.1% in June 2022. It's moving toward policymakers' long-term annual target, near 2%. "We have made substantial improvement ...

The central bank aims for a 2% annual rate over the long term. "Excluding any major policy changes, I'd expect [inflation] to continue gradually slowing," Pugliese said. "Of course, the big ...

Shelter is "the continued major impediment to getting inflation all the way back," said Mark Zandi, chief economist at Moody's. The Federal Reserve has a long-term annual inflation target of ...

The April inflation reading is down significantly from its 9.1% pandemic-era peak in 2022, which was the highest level since 1981. However, it remains above policymakers' long-term target ...