The best the Fed can do (whether or not tariff shocks appear) is keep nominal spending on a stable trajectory.

Most economists and policymakers are bracing for price pressures to intensify this summer because of President Trump’s ...

The headline index was up 2.3% year-over-year, as expected.

The U.S. Bureau of Economic Analysis announced Friday that core inflation jumped higher than expected last month.

New federal data showed that inflation edged up in May, but U.S. prices show only modest impact from U.S. tariffs.

Consumer spending in May fell for the first time this year, the Commerce Department reported Friday, indicating that ...

Investors have been closely watching data releases for signs of when, or if, the Federal Reserve will cut interest rates this ...

A key inflation gauge moved higher in May in the latest sign that prices remain stubbornly elevated while Americans cut back ...

Incomes dropped after a one-time adjustment to Social Security benefits had boosted payments in March and April.

As Wall Street puts April's tariff shakeout in the rearview mirror and indexes set record highs, investors remain wary of U.S. President Donald Trump's rapid-fire, sometimes chaotic policymaking ...

Economists at the Fed and in the private sector had expected that inflation would accelerate thanks to the tariffs imposed by President Donald Trump.

The US Federal Reserve's preferred inflation measure logged a mild uptick Friday while spending weakened, triggering another tirade by President Donald Trump against the central bank chair for not ...