The best the Fed can do (whether or not tariff shocks appear) is keep nominal spending on a stable trajectory.

The headline index was up 2.3% year-over-year, as expected.

Most economists and policymakers are bracing for price pressures to intensify this summer because of President Trump’s ...

The U.S. Commerce Department said on Friday its Personal Consumption Expenditures Price Index gained 0.1% in May, matching ...

The U.S. Bureau of Economic Analysis announced Friday that core inflation jumped higher than expected last month.

New federal data showed that inflation edged up in May, but U.S. prices show only modest impact from U.S. tariffs.

Higher import levies will put upward pressure on prices that may not prove temporary, Federal Reserve Governor Michael Barr ...

Consumer spending in May fell for the first time this year, the Commerce Department reported Friday, indicating that ...

The personal consumption expenditures price index rose 0.1% for the month, pushing the annual inflation rate to 2.3%, ...

A key inflation gauge moved higher in May in the latest sign that prices remain stubbornly elevated while Americans also cut ...

The Commerce Department released the PCE inflation report for May which found the Federal Reserve's favored inflation gauge ticked slightly higher to 2.3%.