European Central Bank rate setters are sanguine about potential pressures on prices and expect last month’s rise in inflation to be short-lived.

Annual inflation picked up pace in Germany and France at the end of the summer, as the European Central Bank looks likely to keep interest rates untouched. Consumer prices rose 2.4% in Germany and 1.1 ...

Inflation rose in August and remained well above the Federal Reserve's target rate as central bank policymakers weigh potential interest rate cuts at their meeting next week. The Bureau of Labor ...

Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.

Consumer spending came in strong even as the Fed’s preferred inflation gauge remained stubbornly high in August – though not enough to dash hopes for an interest rate cut next month. Personal ...

Inflation inched higher last month as Americans closed out the summer paying more for both groceries and gasoline. Consumer prices in August were up 2.9% from a year ago, according to a report ...

Inflation rose one-tenth of a percentage point to 2.7% for the year ending in August, the Bureau of Labor Statistics reported Friday in an update to the Federal Reserve’s preferred gauge. Economists ...

For Kasey McBlais, a 42-year-old single mom who lives in Maine with her two elementary school-aged children, the cost of running a household is only getting more expensive, from buying groceries to ...

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Annual inflation accelerated in the eurozone last month, cementing expectations that the European Central Bank will leave its key interest rate unchanged for what is left of this year. Consumer prices ...