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Rule No. 1 of inflation reports is never to read too much into one report, but there have now been several months of fairly low inflation, so it seems safe to call it: The Fed did its job.
US inflation rose in line with forecasts in May, although so-called “core inflation” came in lower than expected as the effects of President Trump’s tariffs still have yet to significantly ...
U.S. inflation picked up a bit last month as food costs rose, though overall inflation remained mostly tame.
The economic vibes are improving, with consumers' inflation expectations falling last month for the first time in 2025. On Wednesday, CPI was also cool.
Inflation rose in May, but there were few signs of widespread tariff-related price increases forecasters have been expecting.
WASHINGTON (AP) — U.S. inflation picked up a bit last month as food costs rose, though overall inflation remained mostly tame. Consumer prices increased 2.4% in May compared with a year ago ...
Inflation rose by one-tenth of a percentage point to 2.4% for the year ending in May, the Bureau of Labor Statistics reported Wednesday in an update to the consumer price index.
As shown in the table below, commodities were more consistent as an inflation hedge. They outpaced inflation in all five of the periods shown, while gold fell behind in two of the five periods.
Inflation likely rose in May, bouncing back after three months of declining as President Donald Trump's tariffs start to push up prices.
Economists warn that Trump’s big tax bill could worsen inflation and lead to a financial crisis, citing concerns over the national debt and interest rates.
Inflation Data, GameStop Earnings, Oracle Stock, Apple WWDC, and More to Watch This Week By Dan Lam Share Resize ...