The PCE price index for April was expected to show an annual inflation rate of 3.8% for all items and 3.3% for core.
The Consumer Price Index rose last month at a 4.2% annual rate amid a spike in U.S. energy prices.
The recent surge in inflation is likely to get worse over the next several months, according to a survey Friday from the nation's top economists. Consumer price inflation is projected to hit 6% for ...
Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...
The Federal Reserve's preferred measure of inflation climbed to a three-year high in April, bolstering the growing sentiment among monetary policymakers that price growth should be the central bank's ...
As always, there is plenty of noise about the potential for short-term inflation from tariffs, fiscal stimulus from tax cuts, and deficit spending from various governments around the world. But the ...
How much control does the president really have over inflation?
What impact will the latest inflation surge have on gold prices? Here's what some experts are predicting now.
The President’s remark comes as the inflation rate last month hit a three-year high.
Just when we thought it was safe to return to the supermarket aisle, it seems inflation has come back to bite us again. Worse, the Reserve Bank of Australia (RBA) predicts it will linger for longer ...