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Fed’s Preferred Inflation Gauge Subdued in April as Spending Slows
The Federal Reserve has put interest rate cuts on hold until it has more clarity about President Trump’s policies.
Annual PCE inflation for April was 2.1%, in line with expectations
April personal consumption expenditure inflation was up just 0.1% for an annual rate of 2.1%, according to a Friday Bureau of ...
Inflation fell to 2.1% in April in Fed’s preferred gauge
Inflation fell two-tenths of a percentage point to 2.1% for the year ending in April, the Bureau of Labor Statistics reported ...
US consumer spending slows in April; inflation rises moderately
U.S. consumer spending increased marginally in April as a rush to beat higher prices from import duties slowed. Consumer ...
Treasury Secretary Scott Bessent reminds CBS anchor about wrong inflation prediction: ‘Numbers are the best in 4 years’
Treasury Secretary Scott Bessent took a victory lap Sunday over recent inflation numbers that show a key benchmark hitting a ...
Inflation data for April may be as good as it gets: LPL
Don't pop open the bubbly yet. The PCE index released Friday shows inflation easing to 2.1% annually in April, its lowest ...
The Fed’s Targeted Inflation Rate Eased in April
The Fed’s preferred gauge of consumer prices ticked up just slightly in April, a modest increase that lowered the 12-month ...
Inflation is cooling. But stubbornly high housing costs could spark a flare-up and a rate hike by year-end, chief economist warns.
Inflation has edged down, but high housing costs could spark a fresh rise in prices and keep the Fed from cutting rates, ...
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US Consumer Spending Slows in April, Inflation Benign
Explore the latest insights on consumer spending trends amid economic uncertainty and changing tariffs in the U.S. economy.
VIEW US inflation tepid in April, consumer spending slows
U.S. inflation was benign in April, with retailers likely still selling inventory accumulated before the tariffs. The ...