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.

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

The Fed’s preferred inflation gauge, the core PCE price index, rose 2.5% year-over-year in April, marking the lowest level ...

U.S. consumer spending increased marginally in April as a rush to beat higher prices from import duties slowed. Consumer ...

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

The personal consumption expenditures price index, the Federal Reserve's key inflation measure, increased just 0.1% for the ...

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

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

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