News

The Fed's preferred inflation gauge, the PCE index, showed that price growth eased in April as inflation numbers trended ...
San Francisco Federal Reserve Bank President Mary Daly said on Friday cooling inflation offers "relief" for Americans ...
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 ...
Economists at Bank of America and Goldman Sachs forecast inflation will shoot up to more than 3.5% by year’s end.
They’re backward-looking indicators, but economists can’t know where we are unless they know where we’ve been.
April's PCE report signals disinflation as core PCE rises 0.1% MoM. Service inflation eases, but housing risks remain.
Consumer spending slowed despite rising incomes, potentially an early reaction to higher prices on some imported goods.