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U.S. inflation ticked higher in May as consumers cut back on spending
New federal data showed that inflation edged up in May, but U.S. prices show only modest impact from U.S. tariffs.
Inflation creeps higher in May and dims chances of the Fed cutting interest rates soon
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 ...
Fed’s preferred inflation gauge rose to 2.7% in May — hotter than anticipated
The personal consumption expenditures price index rose 0.1% for the month, pushing the annual inflation rate to 2.3%, ...
Gloomy Americans cut back on spending as inflation ticks higher
At the same time, Americans cut back on spending for the first time since January, as overall spending fell 0.1%. Incomes ...
VIEW US reports benign PCE inflation in May
The U.S. Commerce Department said on Friday its Personal Consumption Expenditures Price Index gained 0.1% in May, matching ...
Inflation slightly higher, but Americans haven't seen wave of tariff price increases yet
A recent Bankrate survey found that most Americans think tariffs will be bad for their personal finances. But consumer sentiment has rebounded in the University of Michigan's long-running index after ...
Fed's preferred inflation gauge shows price increases accelerated in May
Investors have been closely watching data releases for signs of when, or if, the Federal Reserve will cut interest rates this ...
Goldman Sachs analyst warns of surprise inflation jump
Crypto markets drop as Bitcoin slides to $106K as PCE hits 2.7%; Goldman and Brooks warn inflation respite may be ending.