Even though the inflation data came in lighter than expected, price increases are still pacing well above the Fed's 2% annual goal. Because of that, economists say it's unlikely the Fed will cut ...

Inflation jumped 0.2% in February after advancing 0.5% the month before, according to government data. AP Trump’s 25% tariffs on steel and aluminum imports took effect early Wednesday morning.

Inflation has fallen dramatically since peaking in 2022, but it remains above the Federal Reserve’s 2% target. The annual rate of core PCE inflation is expected to drop from 2.8% in December to ...

The “core” measure of inflation, which strips out volatile food and fuel prices to give a better sense of the underlying trend, also ticked lower. The index rose 0.2 percent from the previous ...

while it rose 2.8% on an annual basis. Both the annual and monthly increases in headline inflation were cooler than the expectations of LSEG economists. So-called core prices, which include more ...

Inflation, as measured by the producer price index, declined from 3.5% to 3.2% for the year ending in February, the Bureau of Labor Statistics reported Thursday morning. The decline adds to signs ...

When volatile food and energy costs are factored out, the Federal Reserve’s preferred measure of inflation increased 2.6% from one year ago, in line with expectations. The PCE Price Index ...

Inflation in February rose 2.8% on an annual basis, slightly lower than economists had forecast but continuing to signal that price hikes remain elevated despite the Federal Reserve's efforts to ...

Speaking from the Oval Office, President Trump boasted about the most recent inflation data ... Consumer prices were up 2.8% in February from a year earlier, the Labor Department reported ...