Annual inflation rate hit 2.3% in April
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Core inflation remained more or less unchanged last month, a setback for anyone hoping the Federal Reserve will move quickly to lower interest rates. Cuts are even less likely in the near term because the latest trade negotiations with China should reduce the threat of a U.
Inflation is getting closer to the Federal Reserve's 2% target.
The annual inflation rate ticked down in April as the impact of Trump’s new ... s dramatic reshaping of US trade policy. Core inflation, which excludes volatile food and energy prices, was ...
Surprising inflation data and weak retail sales spark a sharp crypto selloff, with Bitcoin down over 3% and Coinbase sliding in premarket trading.
Investors were bracing for a clear sign of tariff-related pricing pressure in the April consumer inflation report, but consumer prices remained tame in Tuesdays