News

Core PCE Inflation Rises 2.7% In May, Higher Than Expected
The headline index was up 2.3% year-over-year, as expected.
Stocks are flying, the Dollar is falling, tariffs haven’t hit yet. Why cut rates now?
Fed Chair Powell reiterated uncertainty over the effects of tariffs on prices. And for all the concern about labor markets, the real problem there, particularly with deportations, is too few workers, ...
The Fed’s Preferred Inflation Gauge Was Slightly Hotter in May, as Spending Cooled
Most economists and policymakers are bracing for price pressures to intensify this summer because of President Trump’s ...
Gloomy Americans cut back on spending as inflation ticks higher
A key inflation gauge moved higher in May in the latest sign that prices remain stubbornly elevated while Americans cut back ...
Tariffs will fuel 'inflation re-acceleration,' economist warns
May inflation came in slightly hotter than expected, with Core PCE rising 2.7% year over year, creating some doubt about the ...