The forecast is a sharp step up from the prior projection of 2.8%. Moreover, it is much higher than the 2.7% Fed officials estimated.

US inflation picked up in March as oil prices surged amid the Iran war, even as economic growth missed estimates and jobless ...

CNBC host Jim Cramer derided President Donald Trump amid a new inflation report showing numbers that are "just bad" and ...

CNBC host Jim Cramer on Thursday slammed the newest inflation report signaling financial gloom for the coming months. The ...

The U.S. Department of the Treasury set a new Series I savings bond composite rate of 4.26% Thursday for bonds issued from ...

Respondents on average are not fully pricing a single rate cut this year.

Robert Diamond, Atlas Merchant Capital Founding Partner and CEO, says rate cuts are unlikely, warns on inflation and debt ...