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Inflation moved up in May as Trump's tariffs threatened to filter into consumer prices, CPI report shows. Gasoline prices ...
U.S. inflation saw a slight increase in May, with consumer prices rising 2.4% year-over-year, driven by higher food costs.
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Blame stubbornly high mortgage rates and lingering economic anxieties over Trump policies for US housing-market gridlock.
The upcoming FOMC meeting on June 17-18 may increase pressure on Powell to consider a rate cut if the May inflation number ...
Forecasters say underlying US inflation likely picked up in May, reflecting a modest impact from tariff pass-through for ...
Analysts predict stock market volatility this week due to the Iran-Israel conflict, crude oil prices, US Fed rate decision, ...
Despite lower-than-expected US inflation in May, analysts say the Federal Reserve is unlikely to cut interest rates before ...
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