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Inflation was tame in May but President Trump's tariff policy may cause consumer prices to rise noticeably heading into summer, economists said.
New federal data showed that inflation edged up in May, but U.S. prices show only modest impact from U.S. tariffs.
Inflation for food at home rose by 0.3% for the month, after having deflated 0.4% the prior month. Food prices give "a little bit of a queasy feeling," Zandi said. It's one of the categories he's ...
The consumer price index, a key inflation gauge, rose 2.3% in April from 12 months earlier, down from 2.4% in March, the Bureau of Labor Statistics reported Tuesday.. It was the smallest annual ...
The consumer price index, a key inflation gauge, rose 2.3% in April from 12 months earlier, down from 2.4% in March, the Bureau of Labor Statistics reported Tuesday.. It was the smallest annual ...
Vanguard Group projects a similar rise in inflation, particularly for goods prices. The money manager forecasts a 4% full-year 2025 inflation rate due to U.S. tariffs and retaliation by other nations.