The 25% tariffs Trump was to impose on Mexico and Canada, joined with a 10% tariff on China, would have pushed up underlying ...

"I still think my ultimate where-we're-going-to-land is a fair bit below where we are today," Austan Goolsbee said at auto ...

President Donald Trump's weekend announcement of tariffs on Mexico, Canada and China translating into a shock for market-based inflation expectations, prompting traders to now expect an annual ...

But goods inflation is important to consumers, who can vote with their wallet on whether to go out to the theaters (service) or to stay in and do some retail therapy online (goods). As the latter ...

LONDON - After reaching its highest level in decades in mid-2022, inflation in the United States and the eurozone fell sharply over the second half o ...

Overall prices were up but core inflation held steady as consumers spent more, saved less and pushed more debt to credit cards.

Major stock indices have completed their recovery following Monday's sharp drop, buoyed by tech stocks rallying on the back ...

Inflation rose two-tenths of a percentage point to 2.6% for the year ending in December, the Bureau of Labor Statistics reported Friday in an update to the personal consumption expenditures index, the ...

U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, ...

The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.

“The Fed’s prognosis is for a slower pace of monetary easing moving forward, as the economy is doing well and prices are only slowly returning to target in an environment of great uncertainty,” said ...

U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting interest rates for some time this year. The personal consumption expenditures ...