Inflation fell two-tenths of a percentage point to 2.1% for the year ending in April, the Bureau of Labor Statistics reported Friday in an update to the Federal Reserve’s preferred gauge. That ties ...

The 2% inflation target was set arbitrarily decades ago and may no longer fit today's economic realities. Persistently aiming for 2% inflation is increasingly difficult due to higher liquidity, larger ...

The latest inflation report was released Thursday morning and, with it, the revelation that inflation increased in August. Now at 2.9%, the inflation rate increased from July's 2.7% and is now almost ...