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A key U.S. inflation gauge slowed last month as President Donald Trump’s tariffs have yet to noticeably push up prices, while ...
The Federal Reserve has put interest rate cuts on hold until it has more clarity about President Trump’s policies.
The cost of living barely rose in April and the rate of inflation slowed even closer to prepandemic levels, but it’s unclear ...
Economists at Bank of America and Goldman Sachs forecast inflation will shoot up to more than 3.5% by year’s end.
US consumers hit the brakes in April after the strongest month of spending since early 2023 while inflation remained tame, ...
The core personal consumption expenditures index, which strips away food and energy prices, rose 0.1% for the month and 2.5% ...
Inflation barely budged in April as tariffs President Donald Trump implemented in the early part of the month had yet to show ...
Wall Street inched toward tiny losses early Friday as markets digested a the government’s latest inflation data.
The Fed's preferred inflation gauge, the PCE index, showed that price growth eased in April as inflation numbers trended closer to the central bank's target.
The PCE Price Index increased 0.1% in April. The April Personal Consumption Expenditures Price Index posted a ...
American consumers reined in their spending in April following a tariff-fueled buying binge the month before, according to new data released Friday that also showed inflation cooled off again.