Economists at Bank of America and Goldman Sachs forecast inflation will shoot up to more than 3.5% by year’s end.

The Federal Reserve has put interest rate cuts on hold until it has more clarity about President Trump’s policies.

Consumer spending slowed despite rising incomes, potentially an early reaction to higher prices on some imported goods.

April personal consumption expenditure inflation was up just 0.1% for an annual rate of 2.1%, according to a Friday Bureau of ...

U.S. inflation was benign in April, with retailers likely still selling inventory accumulated before the tariffs. The ...

Inflation fell more than expected, dropping nearly to the Federal Reserve's target of a 2% annual rate by one measure.

Inflation barely budged in April as tariffs President Donald Trump implemented in the early part of the month had yet to show ...

Don't pop open the bubbly yet. The PCE index released Friday shows inflation easing to 2.1% annually in April, its lowest ...

San Francisco Federal Reserve Bank President Mary Daly said on Friday cooling inflation offers "relief" for Americans ...

The Fed’s preferred gauge of consumer prices ticked up just slightly in April, a modest increase that lowered the 12-month ...

A key US inflation gauge slowed last month as President Donald Trump's tariffs have yet to noticeably push up prices.