U.S. consumer prices rose less than expected in May, influenced by cheaper gasoline but restrained by mounting import tariffs ...

Inflation rose less than expected in May, a month when the effects of higher tariffs were starting to become more widespread.

Both core and headline CPI came in below expectations, but economists say tariff risks and solid job growth leave the Fed in ...

Overall, though, the trend for inflation has been a steady decline toward the Federal Reserve’s 2% annual target. The Fed, ...

U.S. consumer prices rose slightly in May, driven by housing costs and partially offset by cheaper gasoline. Inflation's ...

The upcoming FOMC meeting on June 17-18 may increase pressure on Powell to consider a rate cut if the May inflation number ...

The economic vibes are improving, with consumers' inflation expectations falling last month for the first time in 2025. On ...

To address this, the Federal Open Market Committee—the Fed’s branch that develops monetary policies—has aggressively changed U.S. policies to bring inflation down. Part of the Fed’s role ...

Blame stubbornly high mortgage rates and lingering economic anxieties over Trump policies for US housing-market gridlock.