The headlines about new stock market highs are hiding the fundamental erosion in many consumer areas. While employment looks fine and inflation seems stable, consumers are making budget shifts to ...
Federal Reserve Chair Jerome Powell said this week that the effect of tariffs on inflation would show up gradually, but last ...
US consumer inflation rose last month to its highest level since January, government data showed Thursday, although analysts believe that this is unlikely to deter the central bank from an interest ...
President Donald Trump this week declared on Friday that he’s “already solved inflation” and that “costs are down.” ...
Consumer spending rose in July by the most in four months, indicating resilient demand in the face of stubborn inflation. Inflation-adjusted consumer spending rose 0.3%, according to Bureau of ...
US core PCE inflation held at 2.9% in August while the personal consumption expenditures price index posted a 0.3% gain for ...
Inflation rose 0.4 percent in the month of August — and 2.9 percent in the past 12 months — in a sign that President Donald Trump’s reciprocal tariffs have begun to affect the U.S. economy. The Bureau ...
Forecasters expect inflation to continue rising in the fourth quarter as President Donald Trump's tariffs continue to push up prices for everyday goods and services.
US Federal Reserve chief Jerome Powell warned Tuesday that slashing interest rates too quickly could allow inflation to ...
The sudden steadying of the main gauge shows anew the volatility of data as government measures meant to help consumers cope ...
Consumer-price index is up 2.7% in past year - and climbing The numbers: Consumer prices in June posted the biggest increase since the beginning of the year and are likely to keep the Federal Reserve ...
Federal Reserve officials held a wide-ranging discussion about the state of the economy and, particularly, the effects of President Donald Trump’s import tariffs on inflation at their meeting in July, ...