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Inflation rose less than expected in May, a month when the effects of higher tariffs were starting to become more widespread.
Food prices in San Diego County are rising noticeably, squeezing families’ wallets amid broader inflation trends.
Inflation was tame in May but President Trump’s tariff policy may cause consumer prices to rise noticeably heading into summer, economists said.
U.S. inflation saw a slight increase in May, with consumer prices rising 2.4% year-over-year, driven by higher food costs.
Inflation moved up in May as Trump's tariffs threatened to filter into consumer prices, CPI report shows. Gasoline prices ...
U.S. consumer prices rose less than expected in May, influenced by cheaper gasoline but restrained by mounting import tariffs ...
Both core and headline CPI came in below expectations, but economists say tariff risks and solid job growth leave the Fed in ...
The upcoming FOMC meeting on June 17-18 may increase pressure on Powell to consider a rate cut if the May inflation number ...
CPI report shows that President Trump's whipsaw tariff policies have not had an outsized impact on inflation, but economists ...
Analysts predict stock market volatility this week due to the Iran-Israel conflict, crude oil prices, US Fed rate decision, ...