News

A new survey shows that nearly half of Americans say President Trump’s tariffs are affecting their summer travel plans, while ...
The Federal Reserve has put interest rate cuts on hold until it has more clarity about President Trump’s policies.
Consumer spending slowed despite rising incomes, potentially an early reaction to higher prices on some imported goods.
U.S. consumer spending increased marginally in April, with households opting to boost savings amid mounting economic ...
Inflation has edged down, but high housing costs could spark a fresh rise in prices and keep the Fed from cutting rates, ...
Economists at Bank of America and Goldman Sachs forecast inflation will shoot up to more than 3.5% by year’s end.
A key U.S. inflation gauge slowed last month as President Donald Trump’s tariffs have yet to noticeably push up prices, while ...
The favored U.S. inflation tracker of the Federal Reserve is expected to show little or no increase for the second month in a ...
The cost of living barely rose in April — and the rate of inflation slowed even closer to prepandemic levels — but it’s ...
April personal consumption expenditure inflation was up just 0.1% for an annual rate of 2.1%, according to a Friday Bureau of ...
U.S. Federal Reserve policymakers could still cut interest rates twice this year as they projected in March, San Francisco ...
Vincent Reinhart, BNY Investments chief economist, joins 'Money Movers' to discuss PCE data, the Fed and inflation impact on ...