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Inflation unexpectedly cooled in April despite Trump's big tariffs announcement
Inflation is getting closer to the Federal Reserve's 2% target.
Key U.S inflation gauge shows price growth cooled in April
Consumer spending slowed despite rising incomes, potentially an early reaction to higher prices on some imported goods.
PBS1mon
Inflation cooled again in April as grocery and gas prices fell, but full tariff impacts likely not yet felt
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 ...
Inflation rate dips in May after 'awful April' cost of living spike
The rate of inflation fell slightly to 3.4% in May despite the fastest jump in food prices for more than a year.The Consumer ...
Inflation cooled in April, but ‘the devil is in the details’, says experts
New data from Statistics Canada shows the first impacts of the April removal of the consumer carbon price, and tariffs on ...
Fed's preferred inflation gauge shows price increases cooled in April
April's PCE report comes as investors are closely watching for any inflationary impacts from President Trump's tariffs.
Trump hiring freeze hurting quality of inflation data collection: report
The Bureau of Labor Statistics reportedly reduced the number of businesses at which it checks prices for the benchmark ...
Treasury secretary confronts CBS host over past tariff inflation predictions as rates hit 4-year-low
CBS's Margaret Brennan challenged Scott Bessent on Trump's tariffs, as retail giants warn of price hikes despite inflation ...
The Fed Is Bracing for Tariffs to Show Up in the Inflation Data
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, ...