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

President Donald Trump achieved an economic victory after a prominent inflation reading dropped to its lowest reading in four ...

In a surprising turn of events, the Personal Consumption Expenditures (PCE) index, a key measure of inflation, has dropped to ...

Mary Daly, who runs the San Francisco branch of the Fed, said on Friday that while the latest inflation figure brings some “relief” to Americans, the central ...

"The inflation number that printed today, that's good relief for American consumers," Daly said on Fox Business' "Maria ...

Prices are cooling even though President Trump’s trade war is dragging on and businesses keep threatening to raise their ...

Economists had expected the personal consumption expenditures index to tick down slightly to 2.2% from the month before.

Explore the latest insights on consumer spending trends amid economic uncertainty and changing tariffs in the U.S. economy.

Inflation has edged down, but high housing costs could spark a fresh rise in prices and keep the Fed from cutting rates, ...

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

Economists and some business executives have warned that prices will likely head higher as Trump’s widespread tariffs take ...