The headline index was up 2.3% year-over-year, as expected.

New federal data showed that inflation edged up in May, but U.S. prices show only modest impact from U.S. tariffs.

Most economists and policymakers are bracing for price pressures to intensify this summer because of President Trump’s ...

The personal consumption expenditures price index rose 0.1% for the month, pushing the annual inflation rate to 2.3%, ...

The best the Fed can do (whether or not tariff shocks appear) is keep nominal spending on a stable trajectory.

The U.S. Bureau of Economic Analysis announced Friday that core inflation jumped higher than expected last month.

The Commerce Department released the PCE inflation report for May which found the Federal Reserve's favored inflation gauge ticked slightly higher to 2.3%.

The Federal Reserve's targeted inflation measure ticked slightly higher in May, but the numbers didn't show a big ...

Consumer spending in May fell for the first time this year, the Commerce Department reported Friday, indicating that ...

At the same time, Americans cut back on spending for the first time since January, as overall spending fell 0.1%. Incomes ...

The U.S. Commerce Department said on Friday its Personal Consumption Expenditures Price Index gained 0.1% in May, matching ...

The analysts at Cox Automotive believe tariff-induced price hikes are coming for new cars, and it's possible they're already ...