While 3.5% inflation is still well above the 2% target, the central bank’s inflation outlook looks a bit more promising now than it did at the start of the year, when the MPC expected prices to ...

Letter writers discuss declining menhaden in Chesapeake Bay, basic freedoms in U.S. and ‘reality’ of Donald Trump’s ...

His tariffs will raise, not lower, inflation. The “undocumented criminal immigrants” being deported without due process are not criminals.

Fed officials see inflation, according to their preferred measure, rising to 3% by the end of this year, from 2.1% in April. It also projects the unemployment rate will rise to 4.5%, from 4.2% ...