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Consumer spending slowed despite rising incomes, potentially an early reaction to higher prices on some imported goods.
Year-over-year inflation cooled to a 2.3% increase in April, a four-year low. That was below the 2.4% that economists had expected and below March’s annual rate. A big decline in gasoline prices compa ...
Consumer prices increased 2.4% in May compared with a year ago, according to a Labor Department report released Wednesday.
U.S. inflation likely picked up a bit last month as President Donald Trump’s tariffs start to bite, but lower prices for gas and possibly for air fares and used cars may limit the overall increase ...
“Without a spike in inflation,” said eToro equity analyst Bret Kenwell, “the Fed may have trouble defending its stance on interest rates, particularly as other central banks lower rates and as ...
A recent Bank of Baroda report indicates that India's retail inflation has likely decreased to 2.7% in May 2025, mainly due ...
The Personal Consumption Expenditures Price Index grew at an annualized rate of 1.2% in April, marking the second consecutive ...