The Federal Reserve may take note of whether businesses anticipate having to pay higher wages or raise prices under the next administration.

Some economists think the Fed should aim higher than that magical 2% rate.

Japan had struggled to even reach the central bank inflation target of 2%.

The Federal Reserve is aiming for long-term inflation of 2%. But economists say a bit more could help some workers and borrowers.

The change will allow the central bank to keep interest rates low even if inflation tops its 2% target.

The consumer price index can affect your next raise, and Social Security cost-of-living adjustments are tied to it.

Everything you ever wanted to know about inflation.

US core consumer prices up 0.3 percent, most in a year