The Latest Breaking News from Inflation

There was a time when grabbing eggs, bread, or butter didn’t leave you doing a double take at the checkout line. But, inflation and supply chain disruptions have turned some basic items into shocking splurges. Many shoppers are now walking past once-staple products, leaving shelves fuller than usual. As prices…

"What we need to do is examine the entire Federal Reserve institution and whether they have been successful," Bessent told CNBC's Squawk Box.

President Donald Trump continues to enjoy strong support from his core political base, particularly on immigration, but a new poll shows that approval for his deportation policies is slipping among the broader public.

Toward the end of the year, the housing market may become a bigger deal for inflation than tariffs - Comerica Bank chief economist Bill Adams said.