News

U.S. inflation ticked higher in May as consumers cut back on spending
New federal data showed that inflation edged up in May, but U.S. prices show only modest impact from U.S. tariffs.
Core PCE Inflation Rises 2.7% In May, Higher Than Expected
The headline index was up 2.3% year-over-year, as expected.
May PCE Inflation Comes In Slightly Above Forecasts
The Federal Reserve’s preferred inflation gauge had been expected to reinforce the growing case for interest rate cuts sooner ...
Consumers saw a double whammy of bad news in May, pulling back on spending as inflation heated up
Consumer spending in May fell for the first time this year, the Commerce Department reported Friday, indicating that ...
Despite Tariffs, Inflation Remained Low In May
The best the Fed can do (whether or not tariff shocks appear) is keep nominal spending on a stable trajectory.
VIEW US reports benign PCE inflation in May
The U.S. Commerce Department said on Friday its Personal Consumption Expenditures Price Index gained 0.1% in May, matching ...
Goldman Sachs analyst warns of surprise inflation jump
Crypto markets drop as Bitcoin slides to $106K as PCE hits 2.7%; Goldman and Brooks warn inflation respite may be ending.
Canada Inflation Steady at 1.7% in May
Inflation in Canada steadied in May as drivers paid less at the pump and hefty rent increases continued to cool, though the ...