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

WASHINGTON (AP) — A key U.S. inflation gauge slowed last month as President Donald Trump’s tariffs have yet to noticeably ...

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

Prices are cooling even though President Trump’s trade war is dragging on and businesses keep threatening to raise their prices in response to it. The personal consumption expenditures (PCE) price ...

Rosner-Warburton noted that some prices fell as business weakened, particularly in travel. Air fares and hotel prices dropped noticeably last month, contributing to lower inflation, but that may have ...

US consumer prices declined in April, but the full impact of tariffs may not be showing yet. TD Securities' Oscar Munoz discusses what this means for interest rates and markets.

WASHINGTON (AP) — Inflation cooled for the third straight month in April even after some of President Donald Trump’s tariffs took effect, though economists and many business owners expect ...

said he believed the inflationary impact from tariffs would "escalate" in the summer months. At the moment, there's little evidence to suggest tariffs have affected inflation, besides a slight ...

"However, in the coming inflation readings, the impact of tariffs will reverse that progress." Other economists were more pessimistic about the trajectory of inflation absent tariffs. In a ...

Some of the inflation-softening effects of Trump’s tariff announcements are already visible. In March, overall inflation dipped to a five-month low of 2.4% and a core measure that strips out ...