Inflation eased to 4-year low
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Inflation is getting closer to the Federal Reserve's 2% target.
Core inflation remained more or less unchanged last month, a setback for anyone hoping the Federal Reserve will move quickly to lower interest rates. Cuts are even less likely in the near term because the latest trade negotiations with China should reduce the threat of a U.
The annual inflation rate ticked down in April as the impact of Trump’s new ... s dramatic reshaping of US trade policy. Core inflation, which excludes volatile food and energy prices, was ...
U.S. retail sales growth slowed in April as the boost from households front-loading motor vehicle purchases ahead of tariffs faded and consumers pulled back on spending elsewhere against the backdrop of an uncertain economic outlook.
Investors were bracing for a clear sign of tariff-related pricing pressure in the April consumer inflation report, but consumer prices remained tame in Tuesdays