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

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

The Federal Reserve's favored inflation indicator cooled in April, though consumers pulled back sharply on their spending, ...

When the Fed reduces its rate, it often — though not always — leads to lower costs for consumer and business borrowing, ...

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

WASHINGTON — 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 ...

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

The Bureau of Labor Statistics reportedly reduced the number of businesses at which it checks prices for the benchmark ...

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