News

U.S. inflation ticked higher in May as consumers cut back on spending
New federal data showed that inflation edged up in May, but U.S. prices show only modest impact from U.S. tariffs.
Despite Tariffs, Inflation Remained Low In May
The best the Fed can do (whether or not tariff shocks appear) is keep nominal spending on a stable trajectory.
Gloomy Americans cut back on spending as inflation ticks higher
At the same time, Americans cut back on spending for the first time since January, as overall spending fell 0.1%. Incomes ...
Consumers saw a double whammy of bad news in May, pulling back on spending as inflation heated up
Consumer spending in May fell for the first time this year, the Commerce Department reported Friday, indicating that ...
VIEW US reports benign PCE inflation in May
The U.S. Commerce Department said on Friday its Personal Consumption Expenditures Price Index gained 0.1% in May, matching ...
New car price inflation may already be here, and tariffs will make it worse: Cox Automotive
The analysts at Cox Automotive believe tariff-induced price hikes are coming for new cars, and it's possible they're already ...
Goldman Sachs analyst warns of surprise inflation jump
Crypto markets drop as Bitcoin slides to $106K as PCE hits 2.7%; Goldman and Brooks warn inflation respite may be ending.
Canada Inflation Steady at 1.7% in May
Inflation in Canada steadied in May as drivers paid less at the pump and hefty rent increases continued to cool, though the ...