Major price hikes in a few food categories were offset by drops in several others.

Inflation held steady in February as the headline figure for the Consumer Price Index remained at 2.4% year-over-year.

WASHINGTON -- Consumer prices rose 3% in September compared to a year ago, extending a monthslong uptick that has sent inflation to its highest level since January, government data on Friday showed.

In the weeks before the Iran war, ​Americans’ inflation expectations were little changed, a New York Fed survey says.

Donald Trump returned to the White House promising to "end inflation" on Day 1 of his second presidency, casting himself as the candidate who would make groceries, gas and rent feel affordable again.

Discover how inflation targeting helps central banks achieve price stability. Learn the principles, methods, and benefits of this key monetary policy strategy.