News

Fed’s preferred inflation gauge rose to 2.7% in May — hotter than anticipated
The personal consumption expenditures price index rose 0.1% for the month, pushing the annual inflation rate to 2.3%, ...
U.S. inflation ticked higher in May as consumers cut back on spending
New federal data showed that inflation edged up in May, but U.S. prices show only modest impact from U.S. tariffs.
Fed's favored inflation gauge shows consumer prices ticked slightly higher in May
The Commerce Department released the PCE inflation report for May which found the Federal Reserve's favored inflation gauge ticked slightly higher to 2.3%.
Fed's Targeted Inflation Gauge Shows Little Tariff Impact
The Federal Reserve's targeted inflation measure ticked slightly higher in May, but the numbers didn't show a big ...
Despite Tariffs, Inflation Remained Low In May
The best the Fed can do (whether or not tariff shocks appear) is keep nominal spending on a stable trajectory.
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Americans’ income declined in May after a dip in government benefits
Personal income in the U.S. fell by $109.6 billion (0.4%) in May, driven primarily by declines in government benefits and ...
The Fed’s Preferred Inflation Gauge Was Slightly Hotter in May, as Spending Cooled
Most economists and policymakers are bracing for price pressures to intensify this summer because of President Trump’s ...
Contained inflation data to keep Fed in wait-and-see mode, with tariff impacts on the way: Janus
Friday's inflation data from the PCE price index for May showed only a limited impact from tariffs, but this may not last. In an email, Greg Wilensky, head of U.S. fixed income and a portfolio manager ...
Fed chief Powell is starting to worry about the reliability of economic data
Cuts to the Bureau of Labor Statistics could be clouding jobs and inflation data, complicating the Fed's data-driven rate ...