Inflation is getting closer to the Federal Reserve's 2% target.

WASHINGTON (AP) — Inflation cooled for the third straight month in April even after some of President Donald Trump’s tariffs took effect, though economists and many business owners expect ...

At the same time, incomes — before adjusting for inflation — rose a healthy 0.8% in April. Much of that gain reflected an increase in Social Security benefits as a result of the Social ...

Inflation cooled for the third straight month in April even after some of President Donald Trump’s tariffs took effect, though economists and many business owners expect inflation will climb by ...

The Federal Reserve kept its key rate unchanged Wednesday as it waits for additional information on how tariffs and other ...

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

The US Federal Reserve's preferred inflation measure cooled more than expected last month, according to government data published Friday, as President Donald Trump's "liberation day" tariffs on most c ...

Annual inflation cooled in April, a month when businesses were yanked back and forth as they tried to adjust to President Trump’s unpredictable trade policies. However, prices rose 0.2% from the ...

“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 ...