Federal Reserve Chairman Kevin Warsh has said that inflation is a "choice." The same could also be true of how inflation is measured. Warsh has formulated five task forces to look at an array of Fed ...

A closely watched measure of inflation ticked up as the conflict in the Middle East inflated energy prices. By Ben Casselman Ben Casselman is the Times’s chief economics correspondent. The war with ...

High gas prices pushed annual inflation to the highest level in three years, according to May data released by the Commerce Department on Thursday. The Federal Reserve’s preferred inflation gauge, the ...

Inflation hit its highest level in three years last month, according to fresh data released this week — but new Federal Reserve Chair Kevin Warsh wants the central bank to focus on different measures.

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A new report on Wednesday showed inflation rising 4.2 percent in May, marking its highest level in three years and underlining how hard the Iran war is hitting consumers. The Labor Department report ...

The Consumer Price Index is one of the last major data releases ahead of Kevin M. Warsh’s first meeting as chair of the Federal Reserve. By Colby Smith Colby Smith covers the Federal Reserve. The ...

Inflation ticked higher in May as American consumers continued to face elevated fuel prices amid the Iran war's impact on the energy market and across the economy. The Bureau of Labor Statistics (BLS) ...

Inflation crossed 4 percent for the first time in three years in May, exacerbating Americans’ pain at the pump and dealing a fresh political blow to the White House, as the Iran war’s toll on ...

Inflation surged in May to the highest level since early 2023, as Iran war-related fuel costs worked their way through the broader economy. Subscribe to read this story ad-free Get unlimited access to ...

Economists expect a key inflation gauge set to be released on Wednesday to show that U.S. consumer prices in May rose at their fastest pace in more than three years. The Consumer Price Index is ...

Dallas Fed's trimmed mean inflation measure may currently understate true price pressures Core PCE inflation rose 3.3% year-over-year, fastest since 2023, per Commerce Department Warsh has said he ...