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.

U.S. stocks closed at an all-time high to end the trading week, another milestone in the market's remarkable recovery from a springtime plunge caused by fears that ...

The Federal Reserve's targeted inflation measure ticked slightly higher in May, but the numbers didn't show a big ...

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

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

As Wall Street puts April's tariff shakeout in the rearview mirror and indexes set record highs, investors remain wary of U.S. President Donald Trump's rapid-fire, sometimes chaotic policymaking ...

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

Economists at the Fed and in the private sector had expected that inflation would accelerate thanks to the tariffs imposed by President Donald Trump.

Stocks rallied on Friday as the US revealed progress on trade deals and traders await inflation data to assess the likelihood ...

Consumer spending cooled in May as inflation crept higher, signaling new pressure on Americans' wallets amid President Donald ...

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