Forecasters had expected lingering inflation in October. How will the new numbers affect the next Federal Reserve decision on interest rates?

After a promising few months of cooling inflation, new data shows that inflation has once again ticked up. In October, U.S.

Allianz chief economic adviser Mohamed El-Erian warned that even though inflation has cooled significantly, prices consumers ...

The annual rate of inflation moved higher last month for the first time since March, as expected — but economists say the underlying trend remains favorable for another round of interest rate cuts.