Federal Reserve Bank of Chicago President Austan Goolsbee said he would like to see at least one more inflation report to be sure persistent price pressures aren’t picking up.

The Federal Reserve's anticipated rate cut in September has sparked investor enthusiasm, but recent inflation data adds complexity to the outlook. While consumer inflation appeared moderate, producer prices surged unexpectedly,

A hotter-than-expected wholesale inflation report just made the Federal Reserve’s decision regarding a September rate cut even harder, raising questions of whether higher prices for businesses will be passed on to consumers,