Republicans say latest US consumer price report is a boon. Democrats say it’s a bust. Which is it? Does the latest consumer price index report show that Americans are paying more or less for goods?

In late July Fed Chairman Jerome Powell and the majority of the policy-making Federal Open Market Committee voted to maintain the “wait-and-see” approach to interest rate cuts. The FOMC held the ...

U.S. producer prices increased by the most in three years in July amid a surge in the costs of goods and services, suggesting a broad pickup in inflation was imminent, posing a dilemma for the Federal ...