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%.

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

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

How much control does the president really have over inflation?

Americans already struggling with affordability saw prices rise again in April, as surging oil costs stemming from the Iran war kept driving up prices at the gas pump and impacted supply chains for ...

Mortgage rates barely nudged upward this week, but today's inflation report suggests borrowers shouldn't expect rates to fall ...

These are today's mortgage and refinance interest rates, Thursday, June 11, 2026. The 30-year fixed-rate purchase loan rose 7 basis points to 6.40%. The 20-year fixed purchase loan rose 8 basis points ...

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

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