US consumer prices rose less than expected in May, easing inflation concerns and triggering renewed calls from Trump and Vice ...

The figures suggest inflation remains stubbornly above the Federal Reserve's 2% target, which makes it less likely that the central bank will cut its key short-term interest rate.

Consumer prices came in slightly lower in May, but below expectations as lower energy prices helped, the Labor Department reported on Wednesday. For the month, prices rose by 0.1%, below the 0.2% ...

President Trump repeated his call that the Federal Reserve should slash interest rates, after the release of the May consumer-price index. "CPI JUST OUT. GREAT NUMBERS! FED SHOULD LOWER ONE FULL POINT ...

A cooler-than-expected May consumer price index reading strengthened market expectations for at least two rate cuts by year-end, but isn't seen sparking a rush by the Federal Reserve to further ease ...

Vice President Vance ripped the Federal Reserve and cited President Trump’s criticism of the central bank after prices rose ...

CPI report shows that President Trump's whipsaw tariff policies have not had an outsized impact on inflation, but economists ...

The criticism followed the May consumer price index release which revealed less inflation than economists expected.

The government measure of inflation for May ticked up modestly, adding to the signals that the Federal Reserve is unlikely to move on interest rates when it meets next month.

Odds of an interest-rate cut by September were on the rise Wednesday morning after the May CPI came in cooler than expected. Traders now see a 68.8%% chance of at least a quarter-point cut through the ...