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Tariffs have not yet meaningfully affected broader inflation data, but the levies will soon cause inflation to shoot back up to the highest level since 2023, according to Goldman Sachs economists.
The U.S. Commerce Department said on Friday its Personal Consumption Expenditures (PCE) Price Index gained 0.1% in May, ...
The headline index was up 2.3% year-over-year, as expected.
The Federal Reserve's targeted inflation measure ticked slightly higher in May, but the numbers didn't show a big ...
Tariff-related uncertainty is clouding the Federal Reserve's path forward, even as today's inflation data gives mixed signals ...
The U.S. Bureau of Economic Analysis announced Friday that core inflation jumped higher than expected last month.
US stocks hit record highs as S&P500 and Nasdaq surge. Trade hopes, inflation data, and tech stocks drive a bullish forecast ...
The Commerce Department released the PCE inflation report for May which found the Federal Reserve's favored inflation gauge ticked slightly higher to 2.3%.
New federal data showed that inflation edged up in May, but U.S. prices show only modest impact from U.S. tariffs.
The cost of living rose slowly in May for the third month in a row, but the rate of inflation is probably still too high for ...
The PCE price index was projected to rise 0.1% in May, with the annual inflation rate at 2.3%, according to the Dow Jones ...
The U.S. Commerce Department said on Friday its Personal Consumption Expenditures Price Index gained 0.1% in May, matching ...
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