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.

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 ...

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

Consumer prices increased 2.4% in May compared with a year ago, according to a Labor Department report released Wednesday.

“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 ...

Retail inflation dipped to an over six-year low of 2.82 per cent in May due to subdued food prices, remaining below the RBI's ...