While the consumer price index is more commonly known, the Fed relies heavily on the PCE for deciding its stance on monetary ...

On a monthly basis, prices on consumer goods and services increased 0.1% in May. Core ...

Federal Reserve Bank of Richmond President Thomas Barkin said on Thursday tariffs are very likely to push inflation up over ...

Spain's European Union-harmonised 12-month inflation rate inched up in June to 2.2%, pushed higher by fuel and food and ...

Higher inflation from tariffs is still expected to flow through the U.S. economy, but Wall Street investors aren’t expecting ...

U.S. inflation remained surprisingly muted through May, with limited impact from President Donald Trump’s tariffs. But U.S.

Federal Reserve Chair Jerome Powell testified on Capitol Hill Wednesday about the state of the U.S. economy. CBS News senior ...

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

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

Inflation rose in May, fueling concerns about tariffs and strained U.S. consumers. Personal income and spending both dropped, ...

At the same time, Americans cut back on spending for the first time since January, as overall spending fell 0.1%. Incomes ...

The US Federal Reserve's preferred inflation measure logged a mild uptick Friday while spending weakened, triggering another ...