Forecasts for the PCE, the Federal Reserve’s preferred inflation measure, suggest that prices moderated last month.

Consumer spending slowed despite rising incomes, potentially an early reaction to higher prices on some imported goods.

April's PCE report comes as investors are closely watching for any inflationary impacts from President Trump's tariffs.

Economists and some business executives have warned that prices will likely head higher as Trump’s widespread tariffs take effect, though the timing and impact of those duties are now in doubt ...

Inflation has edged down, but high housing costs could spark a fresh rise in prices and keep the Fed from cutting rates, ...

CBS's Margaret Brennan challenged Scott Bessent on Trump's tariffs, as retail giants warn of price hikes despite inflation ...

New data from Statistics Canada shows the first impacts of the April removal of the consumer carbon price, and tariffs on ...

“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 ...

While President Trump has pointed to cooling prices as a reason for rate cuts, the Federal Reserve has kept rates unchanged to guard against tariff-fueled disruptions that could derail a soft landing, ...