Economists at Bank of America and Goldman Sachs forecast inflation will shoot up to more than 3.5% by year’s end.

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

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

Inflation barely budged in April as tariffs President Donald Trump implemented in the early part of the month had yet to show ...

The Fed's preferred inflation gauge, the PCE index, showed that price growth eased in April as inflation numbers trended ...

The Bureau of Labor Statistics reportedly reduced the number of businesses at which it checks prices for the benchmark ...

Inflation fell more than expected, dropping nearly to the Federal Reserve's target of a 2% annual rate by one measure.

The Fed’s preferred inflation gauge, the core PCE price index, rose 2.5% year-over-year in April, marking the lowest level ...

April personal consumption expenditure inflation was up just 0.1% for an annual rate of 2.1%, according to a Friday Bureau of ...

The Federal Reserve has put interest rate cuts on hold until it has more clarity about President Trump’s policies.

U.S. inflation was benign in April, with retailers likely still selling inventory accumulated before the tariffs. The ...