News

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.
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.
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 ...
Core PCE Inflation Rises 2.7% In May, Higher Than Expected
The headline index was up 2.3% year-over-year, as expected.
Gloomy Americans cut back on spending as inflation ticks higher
A key inflation gauge moved higher in May in the latest sign that prices remain stubbornly elevated while Americans cut back ...
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 ...
Fed's Barr: inflation to rise, may see some persistence
Higher import levies will put upward pressure on prices that may not prove temporary, Federal Reserve Governor Michael Barr ...
Inflation creeps higher in May and dims chances of the Fed cutting interest rates soon
The cost of living rose slowly in May for the third month in a row, but the rate of inflation is probably still too high for ...