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Fed’s Preferred Inflation Gauge Slowed in March
Inflation slowed down in March, going by the Federal Reserve's preferred gauge, showing that price pressures were easing before President Trump's steep new tariffs landed earlier this month. The personal-consumption-expenditures price index rose by 2.
The Fed’s rate-setting Federal Open Market Committee will meet May 6-7. Trump has repeatedly demanded the central bank lower ...
Inflation cooled a bit last month, but don't expect interest rates to drop, too. Prices rose by 2.3% year over year in March, ...
A car-buying frenzy, stoked by tariff fears, drove US consumer spending in March to its biggest monthly gain in more than two ...
Consumer spending, which accounts for more than two-thirds of U.S. economic activity, surged 0.7% in March after an upwardly ...
A closely watched inflation gauge cooled last month in a sign that prices were steadily easing before most of President ...
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