The headline index was up 2.3% year-over-year, as expected.

The best the Fed can do (whether or not tariff shocks appear) is keep nominal spending on a stable trajectory.

Most economists and policymakers are bracing for price pressures to intensify this summer because of President Trump’s ...

The U.S. Bureau of Economic Analysis announced Friday that core inflation jumped higher than expected last month.

The cost of living rose slowly in May for the third month in a row, but the rate of inflation is probably still too high for ...

The U.S. Commerce Department said on Friday its Personal Consumption Expenditures Price Index gained 0.1% in May, matching ...

The Federal Reserve’s preferred inflation gauge had been expected to reinforce the growing case for interest rate cuts sooner ...

New federal data showed that inflation edged up in May, but U.S. prices show only modest impact from U.S. tariffs.

Higher import levies will put upward pressure on prices that may not prove temporary, Federal Reserve Governor Michael Barr ...

Consumer spending in May fell for the first time this year, the Commerce Department reported Friday, indicating that ...

The personal consumption expenditures price index rose 0.1% for the month, pushing the annual inflation rate to 2.3%, ...

A key inflation gauge moved higher in May in the latest sign that prices remain stubbornly elevated while Americans cut back ...