The PCE price index for April was expected to show an annual inflation rate of 3.8% for all items and 3.3% for core.

Americans don’t need a press release to know that inflation is rising. Gasoline is above $4 per gallon amid the ongoing conflict in the Middle East and closure of the Strait of Hormuz, and the release ...

Core inflation — which strips out prices of fresh food — was lower than the 1.7% expected by economists polled by Reuters and ...

Consumer prices surged 3.8% in April from a year ago. That's according to data released today from the Department of Labor. SACHA PFEIFFER, HOST: It's the highest annual reading since May 2023, and it ...

A gap is widening between two key measures of underlying U.S. inflation. Unfortunately for newly confirmed Federal Reserve ...

Add Yahoo as a preferred source to see more of our stories on Google. The Labor Department’s March CPI shows how prices are changing, from groceries and rent to gas. Headline inflation rose 3.3% from ...

Higher gas prices driven mainly by the war in Iran pushed the annual rate of inflation up to 2.8% in April, Statistics Canada ...

By Ann Saphir May 28 (Reuters) - One of new Federal Reserve Chairman Kevin Warsh's favorite inflation measures came in cool ...

Consumer prices surged 3.8% in April from a year ago, according to the Labor Department. We hear from people who are feeling the effects of inflation and how they're dealing. Consumer prices surged ...