Prices excluding food and energy rose at an annual rate of 2.8% in April as inflation eased after flaring earlier this year.
The Federal Reserve's go-to inflation gauge ticked down in April as consumers pulled back on spending, the Commerce ...
The Fed watches the personal consumption expenditures price index closely. It rose at the slowest monthly rate this year, ...
Inflation remained sticky in April, as a closely watched measure of price changes was unchanged from the month before, ...
A price gauge closely tracked by the Federal Reserve cooled slightly last month, a sign that inflation may be easing after ...
What Happened: Krugman shared on X a chart showing consumer prices under Biden and former Republican President Ronald Reagan.
The U.S. Federal Reserve is responsible for keeping inflation under control by adjusting interest rates. Inflation hit a 40-year high in 2022, which sent interest rates soaring and the S&P 500 index ...
The report from the Commerce Department also showed tepid consumer spending, a wrinkle that could help the Fed’s inflation ...
Peru’s annual inflation cooled more than expected in May, hitting the mid-point of the central bank’s target range, its ...
Consumer prices rose 2.6 percent in the year through May, slightly higher than expected. Still, the European Central Bank ...
The PCE price gauge closely tracked by the Federal Reserve cooled slightly last month, a sign that inflation may be easing ...
WASHINGTON — A price gauge closely tracked by the Federal Reserve cooled slightly last month, a sign that inflation may be ...