(Photo by FREDERIC J. BROWN/AFP via Getty Images) The April reading of the Federal Reserve’s preferred inflation measure, to be released on Friday morning, should confirm a plateauing in the ...
Consumer sentiment dipped in the first few weeks of April as persistently sticky inflation continues to weigh on Americans’ outlook on the economy. The University of Michigan’s consumer ...
The April Consumer Price Index (CPI) showed that inflation moderated last month, but a data-dependent Federal Reserve will likely need to see more dovish developments before it enacts its first ...
On a monthly basis, inflation rose 0.1% – down from 0.4% in April – to match economists' estimate. On a less positive note, core inflation remained "sticky," rising 5.3% on an annual basis.