INFLATION

Fed Chairman Jerome Powell said Wednesday that the central bank is determined to bringing down inflation and has the ability to make that happen.

UK inflation, the rate at which prices rise, edged up to 9.1% in the year to May up from 9% in April.

Millionaires surveyed by CNBC ranked inflation as the top risk to both the economy and their personal wealth.

CBO's forecast suggests that inflation will slow from current annual levels of 8.3%, yet it would still be dramatically above a long-term baseline of 2.3%.

The Congressional Budget Office says that high inflation will persist into next year.

The San Antonio Food Bank says it’s getting harder to feed families due to the spike in diesel prices, which average at an all-time high in San Antonio at $5.29.

Inflation may go down, but isn't going away, and the markets and economy will be 'rocky' for up to two years, says former Fed official Roger Ferguson.

With inflation rising, government series I bonds are worth a look if you're looking for a great return and safety.

"I know from experience that if you wait until the [Federal Reserve] is done and inflation's broken, it'll be too late to buy," the "Mad Money" host said.

Despite the pandemic, most Americans still feel optimistic about retirement, a survery finds. But inflation is a top concern for those who aren't prepared.

U.S. Treasury yields rose Tuesday, as traders fret over concerns of rising inflation and tighter monetary policy.

Americans spend an average of $5,174 a year, or roughly $431 a month, on groceries. And that number is now skyrocketing.

Retail sales were expected to increases 0.6% in March, according to Dow Jones estimates.

With every scan at the grocery store or click at the pump, everyone’s wallets are hurting from the continued increased inflation.

The pandemic and inflation are reasons why families are still struggling and in need of food.

The decision is in response to Western sanctions and surging inflation since the war in Ukraine.

We are seeing record gas prices and the highest levels of inflation in 40 years.

A local business expert said many business owners are increasingly anxious about passing on the higher costs to their customers and clients, while others who already have been are wondering if they should do it again.

Persistent supply chain backlogs and high consumer demand for goods have kept prices elevated.

If you’re buying and expect to keep the home for the long haul, you should expect the same value increases that existing owners are experiencing. If you are looking at a shorter investment time horizon — perhaps through flipping the property, for example — then we should caution “buyer beware.”

THIS IS probably a minority position, but I feel very confident in saying that 2022 will be a very good year for the economy. We are looking at a situation

It’s not an easy question to answer, but the balance of evidence suggests that lower-income households will take a beating.

Inflation is painfully high, but this hopefully is close to as bad as it gets.

Ongoing pandemic and staff shortage kept things curbside for a year and 8 months. Ray's Drive Inn is finally welcome customers back for dine-in.

Biden hasn’t gotten credit for what he’s accomplished and hasn’t done all he said he would. Now a new coronavirus variant adds uncertainty to the months ahead.

Over the last year, we have seen a wave of disruptions, from supply chain problems to labor shortages, but now we have stumbled into a new economic symptom -- shadow inflation.

The Consumer Price Index, a measure of inflation, is up 6.2% from a year ago. Still, getting a raise under 6% doesn't always mean you're taking a pay cut.

Rittenhouse, the 18-year-old charged with killing two people and wounding a third, testified at his trial in Kenosha, Wisconsin.

The UK's independent forecaster says the economy will return to pre-Covid levels faster than expected.

The S&P 500 has approached another record high.

Inflation is accelerating faster than real growth, but that’s not unusual historically, and it doesn’t necessarily mean the trend will continue.

A new survey shows retirement age investors are concerned rising inflation could make it difficult to find steady income from their investments.

Your strategy will depend on how close you are to retiring.

Inflation expectations are still being driven by a "temporary spate of supply issues" with no sign of continued upward price pressure, according to economist Carl Weinberg.

A senior economist at the central bank offers a stark contrast to Chair Jerome Powell’s focus on expectations about the pace of price growth.

The earliest and most momentous epoch in the history of the universe released a flood of gravitational waves, tiny ripples in the fabric of space-time.

The maker of the "magically delicious cereal" told investors Wednesday that the company expects to see inflation running at a lofty 7% this year.

The rising cost of clothes, fuel and eating out pushes consumer prices above the Bank of England's 2% target.

US consumer prices spiked last month, with inflation jumping to 5% for the 12 months ending in May.

Kroger CEO Rodney McMullen told CNBC on Thursday he does not anticipate problematic food inflation in 2021, while cautioning that month-to-month prices may be volatile. "For the whole year, we expect inflation to be at 1% to 2%, which is a pretty normal number," McMullen said on "Closing Bell." McMullen's comments come as the topic of inflation across the broader U.S. economy is in sharp focus. Wall Street has for weeks been paying close attention to the rising yield on the benchmark 10-year Treasury, which was around 1.547% on Thursday. With respect to grocery store prices, McMullen said there could be variability, especially when comparing them with 2020 levels during the early parts of the pandemic.

Is higher inflation around the corner? As the economy rebounds, the price of goods and services is starting to creep up. Could that spur the Federal Reserve to raise interest rates sooner than expected? CBS MoneyWatch contributor Anthony Mirhaydari explains.

What’s the problem with low inflation? Although consumers tend to fear rising prices, CBS MoneyWatch contributor Anthony Mirhaydari explains why a prolonged bout of low inflation can be even more dangerous for the economy.

Is inflation a risk for 2014? Central banks seem more worried about deflation, but portfolio manager Jim Jubak explains why there might be different concerns for consumers.