San Francisco Federal Reserve Bank President Mary Daly said on Friday cooling inflation offers "relief" for Americans suffering from high prices, but that there are risks of higher inflation ahead. "The inflation number that printed today,

Inflation has edged down, but high housing costs could spark a fresh rise in prices and keep the Fed from cutting rates, Stifel's top economist said.

The cost of living barely rose in April — and the rate of inflation slowed even closer to prepandemic levels — but it’s unclear whether the recent progress can be sustained as the trade wars drag on.

A recent survey from Schroders showed the degree to which inflation is weighing on the minds of retired Americans.

U.S. consumer spending increased marginally in April, with households opting to boost savings amid mounting economic uncertainty because of a constantly changing tariff landscape.

Don't pop open the bubbly yet. The PCE index released Friday shows inflation easing to 2.1% annually in April, its lowest reading of the year. But it will likely reaccelerate for the remainder of 2025,

These actions not only affect the grocery stores, but also affect the companies that produce packaged food. The effect is measured by “volume/mix” changes caused by consumers’ altered decisions. In last year’s 2023 annual reporting, Kraft’s management anticipated 2024 growth from rises in both sales and prices.

At a bodega in the East Flatbush neighborhood of Brooklyn, the price of the breakfast staple (on a roll) recently rose to $5, up from $4.50.