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While official figures suggest moderate inflation, low-income households experience a starkly different reality. The gap ...
Inflation barely budged in April as tariffs President Donald Trump implemented in the early part of the month had yet to show ...
The PCE deflator is a better measure than the CPI because the weightings of its components are dynamically adjusted to ...
The Fed’s preferred inflation gauge, the core PCE price index, rose 2.5% year-over-year in April, marking the lowest level ...
The cost of living barely rose in April — and the rate of inflation slowed even closer to prepandemic levels — but it’s ...
Economists had expected the personal consumption expenditures index to tick down slightly to 2.2% from the month before.
U.S. consumer spending increased marginally in April, with households opting to boost savings amid mounting economic ...
The Federal Reserve has put interest rate cuts on hold until it has more clarity about President Trump’s policies.
The Fed’s preferred gauge of consumer prices ticked up just slightly in April, a modest increase that lowered the 12-month ...
The slowing inflation in 2024 is attributed to easing global supply chains, modest declines in fuel prices, and broader ...
Inflation has edged down, but high housing costs could spark a fresh rise in prices and keep the Fed from cutting rates, ...