US consumers probably saw slightly faster inflation in May, notably for merchandise, as companies gradually pass along higher ...

The Consumer Price Index (CPI) for April rose by a seasonally adjusted 0.2%. The tame jump put the 12-month inflation rate at ...

St. Louis Federal Reserve President Alberto Musalem has put the likelihood of Donald Trump's trade war causing a prolonged ...

Nonpartisan Congressional Budget Office estimates that Trump’s tariffs would shrink the economy and add to inflation while ...

US consumers likely faced slightly faster inflation in May, notably for merchandise, as businesses gradually pass along ...

Even before Donald Trump’s “Liberation Day” tariffs on April 2nd, the median estimate among the 48 who were surveyed by the ...

CBS's Margaret Brennan challenged Scott Bessent on Trump's tariffs, as retail giants warn of price hikes despite inflation ...

The president gave an optimistic speech promising to bring down inflation, as potential buyers are hoping it will bring ...

The Labor Department has cut back on the inflation data it collects because of the Trump administration’s government hiring ...

On the global front, any developments regarding US trade tariffs will also be closely watched, as they have the potential to ...

Inflation in the 20 countries that use the euro fell to 1.9% in May from 2.2% in April, helping clear the way for more ...

Consumer spending slowed despite rising incomes, potentially an early reaction to higher prices on some imported goods.