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U.S. inflation ticked higher

Reuters on MSN · 2h

US consumer spending falls; tariff-related boost to inflation awaited

U.S. consumer spending unexpectedly fell in May as the boost from the pre-emptive buying of goods like motor vehicles ahead of the Trump administration's tariffs faded, while monthly inflation maintained a moderate pace of increase.

CBS News on MSN · 5h

U.S. inflation ticked higher in May as consumers cut back on spending

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

Axios Sneak Peek on MSN · 7h

Inflation cooled in May alongside consumer spending pullback

The Federal Reserve's preferred measure of inflation showed mild price gains in May, though consumer spending slumped and pay growth slowed. Why it matters: President Trump's trade policies are having a limited effect on inflation so far,

Fed’s Preferred Inflation Gauge Was Slightly Hotter

U.S. News & World Report · 5h

Fed’s Inflation Measure Ticks Up Amid Uncertainty Over Tariffs

While the consumer price index is more commonly known, the Fed relies heavily on the PCE for deciding its stance on monetary policy. At the moment, the Fed is keeping interest rates high – and borrowing costs for consumers elevated – as it wants to see more data on how President Donald Trump’s import tariffs are affecting inflation.

The Wall Street Journal · 7h

Fed's Targeted Inflation Gauge Shows Little Tariff Impact

The measure of inflation watched by the Federal Reserve ticked slightly higher in May, but the numbers didn't show a big upswing in prices caused by President Trump's tariffs. Prices rose by 2.3% over the 12 months through May,

The New York Times · 4h

The Fed’s Preferred Inflation Gauge Was Slightly Hotter in May, as Spending Cooled

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

1h

The Trump tariffs aren't causing U.S. prices to spike. Here's why.

Economists warned that a barrage of new U.S. tariffs could trigger a renewed bout of inflation. So why aren't prices surging?

3d

Federal Reserve's Bowman backs July rate cut as inflation fears ease

Trump's top central bank overseer said inflation appears to be on a path back to 2% and expects “only minimal impact” from ...

+27 relevant news

2d

Fed’s Powell repeats warning about tariffs as some GOP senators accuse him of bias

On the second day of his testimony before the House and Senate, Federal Reserve Chair Jerome Powell said that consumers will likely have to shoulder some of the cost of the import taxes.

+30 relevant news

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