The latest Consumer Price Index report shows inflation ticked up to 3% in January from a year ago, a slight rise from the ...

Higher inflation readings reported on Wednesday left Federal Reserve officials telling U.S. lawmakers, business executives and the public that they may be waiting longer than they had thought for ...

On Wednesday the Labor Department is expected to report that in January the consumer price index rose 2.9% from a year ago, according to economists surveyed by FactSet. If accurate, it would be ...

U.S. inflation accelerated in January, unwelcome news to markets, companies and consumers hoping for interest rate relief, as ...

Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump's calls for lower interest rates won't lead the ...

The House Financial Services Committee will hold a hearing Wednesday morning on “The Federal Reserve’s Semi-Annual Monetary Policy Report.” ...

Federal Reserve Chairman Jerome Powell said Wednesday he supports a change to bank capital rules that has been on the industry's wish list At the moment, the Fed's "supplementary leverage ratio" ...

Inflation just won't die. Forget today's headline 3% figure: That's already out of date. According to the consumer-price report published Wednesday, prices last month rose at an annualized rate of ...

Federal Reserve Chair Jerome Powell refused to testify in Congress on President Trump's remarks about the Fed's ability to lower interest rates. CBS MoneyWatch correspondent Kelly O'Grady reports.