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Inflation moved up in May as Trump's tariffs threatened to filter into consumer prices, CPI report shows. Gasoline prices ...
Amid all this, Trump has, as usual, been pressuring the Fed and its chair, Jerome Powell, to lower interest rates. Vice ...
But in the price-tracking data, the evidence is much more uneven. April’s inflation reports — measuring consumer and producer ...
The Consumer Price Index rose 2.4 percent in May, from a year earlier, a reading that reflects only the initial impact of ...
Prices for toys, car parts and major appliances jumped in the US last month, but the overall impact of Donald Trump's new ...
CPI report shows that President Trump's whipsaw tariff policies have not had an outsized impact on inflation, but economists ...
Meaningfully larger increases are likely in coming months” to inflation as tariffs take hold, said the top U.S. economist at ...
Expected price hikes from a wave of US tariffs on global trade have yet to meaningfully show up in government inflation data, ...
Consumer prices rose 2.4% over the year, and the month-over-month increase was lower than expected.
Inflation rose less than expected in May, a month when the effects of higher tariffs were starting to become more widespread.
Inflation dodged the tariff bullet again. The May Consumer Price Index rose +0.1% M/, less than the +0.2% consensus and the 0 ...
Inflation has cooled in the past year and, excluding the impact of tariffs, economists say it would be on track to return to the Fed's target, which would allow the central bank to cut its key ...