Economists at Bank of America and Goldman Sachs forecast inflation will shoot up to more than 3.5% by year’s end.

Consumer spending slowed despite rising incomes, potentially an early reaction to higher prices on some imported goods.

The Fed's preferred inflation gauge, the PCE index, showed that price growth eased in April as inflation numbers trended ...

The Fed’s preferred inflation gauge, the core PCE price index, rose 2.5% year-over-year in April, marking the lowest level ...

The Federal Reserve has put interest rate cuts on hold until it has more clarity about President Trump’s policies.

April personal consumption expenditure inflation was up just 0.1% for an annual rate of 2.1%, according to a Friday Bureau of ...

The Fed’s preferred gauge of consumer prices ticked up just slightly in April, a modest increase that lowered the 12-month ...

U.S. inflation was benign in April, with retailers likely still selling inventory accumulated before the tariffs. The ...

Don't pop open the bubbly yet. The PCE index released Friday shows inflation easing to 2.1% annually in April, its lowest ...

San Francisco Federal Reserve Bank President Mary Daly said on Friday cooling inflation offers "relief" for Americans ...

The personal consumption expenditures price index, the Federal Reserve's key inflation measure, increased just 0.1% for the ...

U.S. consumer spending increased marginally in April, with households opting to boost savings amid mounting economic ...