The Consumer Price Index in May rose 2.4% on an annual basis, reflecting a cooler-than-expected increase last month and signaling that the impact of President Trump's tariffs hasn't yet trickled ...
The numbers: Consumer prices in June posted the biggest increase since the beginning of the year and are likely to keep the Federal Reserve from cutting interest rates later this month, but there were ...
The core personal consumption expenditures (PCE) price index, the Federal Reserve's preferred measure of inflation, rose slightly in August, in line with economists' expectations. Inflation yardsticks ...
Inflation showed little change last month as President Trump's tariffs have so far not had a big effect on the prices that American shoppers pay. Consumer prices in May were up 2.4% from a year ago, ...
Inflation increased in June and moved further away from the Federal Reserve's target rate as central bank policymakers prepare to meet later this month amid President Donald Trump's calls for interest ...
The cost of living got even more expensive for Americans last month, with prices rising at the fastest pace since the start of the year. Consumer prices rose 0.3% in September, which drove the annual ...
On average, pay has risen faster than prices in recent years. But the overall picture is complicated — and it’s not just facts versus “vibes.” By Ben Casselman Have Americans’ paychecks kept up with ...
Forbes contributors publish independent expert analyses and insights. Mike Patton covers the financial markets, economy, and national debt. Will tariffs cause inflation? As Democrats and Republicans ...
WASHINGTON, DC - JULY 26: Federal Reserve Board Chairman Jerome Powell speaks during a news conference after a Federal Open Market Committee meeting on July 26, 2023 at the Federal Reserve in ...
The central bank confronts “no risk-free path” in balancing the risks of a sharp slowdown in the labor market and resurgent price pressures. By Colby Smith Colby Smith covers the Federal Reserve.
Americans’ deep-seated frustration over inflation propelled Donald Trump to victory in the presidential race early this month. But will Trump’s policies ease inflation? Or could they make it worse? In ...