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

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

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

Inflation fell two-tenths of a percentage point to 2.1% for the year ending in April, the Bureau of Labor Statistics reported ...

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

CBS's Margaret Brennan challenged Scott Bessent on Trump's tariffs, as retail giants warn of price hikes despite inflation ...

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

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

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

American consumers reined in their spending and socked away their money in April following a tariff-fueled buying binge the month before, according to new data released Friday that also showed ...

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

The Council of the European Central Bank could put investors in the mood for a looser interest rate policy. The inflation ...