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

The Fed's preferred inflation gauge, the PCE index, showed that price growth eased in April as inflation numbers trended closer to the central bank's target.

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

They’re backward-looking indicators, but economists can’t know where we are unless they know where we’ve been.

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 ...

The Fed’s preferred measure of inflation, Personal Consumption Expenditures (PCE), are out for the month of April. Results were positive across the board — eyebrow-raisingly so, in some cases.

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

Friday brings another glimpse into how much of an issue inflation is in the U.S. economy. The PCE price index is expected to ...