(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 ...
US inflation increased by the most in eight months in December amid a surge in consumer spending, suggesting the Federal ...
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 ...
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.
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 ...
WASHINGTON (Reuters) -U.S. inflation increased by the most in eight ... the largest increase since last April, after an unrevised 0.1% gain in November, the Commerce Department's Bureau of ...