Gasoline and housing prices put upward pressure on inflation, while prices for categories like groceries and new and used cars fell in April. Consumer buying power rose over the past year as ...

All around the world, inflation has been much more benign than forecasted by economists. Bloomberg LP Chief Economist Michael McDonough tweeted this chart of how expectations for inflation have ...

Inflation declined amid a pullback in gasoline prices and moderation in housing inflation. There were some trouble spots, however, such as groceries and car insurance. Inflation fell in September ...