Inflation rose 4.2 percent in May, the highest since 2023, keeping prices above the Fed’s target and increasing the odds of a rate hike later this year.

Inflation continued to rise in May, with the Personal Consumption Expenditures price index rising at an annual rate of 4.1%.

Explore current mortgage rates and what they mean for home buyers ...

Inflation just jumped to its highest point since April 2023. Here's what that may mean for mortgage interest rates.

Follow MarketWatch's live coverage of the consumer price index report for May, and its impact on the economy, markets and your money.

The Consumer Price Index is the most commonly used measure of inflation in the United States. The CPI for all items increased ...

Explore current mortgage rates and what they mean for home buyers ...

How much control does the president really have over inflation?

Today, May 28, 2026, Snowflake’s surge on robust earnings and a multibillion‑dollar Amazon pact helped tech lead U.S. stocks to fresh gains.

The Fed said economic activity is 'expanding at a solid pace despite elevated uncertainty that owes, in part, to the conflict ...