Prices excluding food and energy rose at an annual rate of 2.8% in April as inflation eased after flaring earlier this year.
US inflation saw some moderation in April. The Consumer Price Index increased 3.4% year over year in April, just below March's rise of 3.5%. The 3.4% matched what economists expected for April.
The Federal Reserve's go-to inflation gauge ticked down in April as consumers pulled back on spending, the Commerce ...
Inflation in the US is still above 3%, new Consumer Price Index data released on Wednesday suggested, but cooled off slightly in April. The Consumer Price Index or CPI, an inflation measure ...
Consumer prices rose 3.4% in April compared to a year ago. Consumer prices rose 3.4% in April compared to a year ago, slowing slightly from the previous month and offering a welcome sign for the ...
The Fed watches the personal consumption expenditures price index closely. It rose at the slowest monthly rate this year, ...
The PCE price gauge closely tracked by the Federal Reserve cooled slightly last month, a sign that inflation may be easing ...
A price gauge closely tracked by the Federal Reserve cooled slightly last month, a sign that inflation may be easing after ...
The U.S. Federal Reserve is responsible for keeping inflation under control by adjusting interest rates. Inflation hit a 40-year high in 2022, which sent interest rates soaring and the S&P 500 index ...
Peru’s annual inflation cooled more than expected in May, hitting the mid-point of the central bank’s target range, its ...