The Reserve Bank of Australia (RBA) cut its cash rate by 25 basis points to 3.6% at its August meeting, matching market ...

Inflation likely ticked up in July for the third straight month as tariffs lift the cost of imported goods such as furniture, ...

WASHINGTON (AP) — Inflation cooled for the third straight month in April even after some of President Donald Trump’s tariffs took effect, though economists and many business owners expect inflation ...

Key Takeaways: U.S. inflation fell to 2.1% in April, the lowest since September. Core inflation hit a four-year low at 2.5% year-over-year. Consumer spending growth slowed amid tariff uncertainty.

The Personal Consumption Expenditures price index for April rose 2.1% on an annual basis, closer to the Fed’s target inflation rate of 2%.

The Labor Department’s consumer price index for July, to be released at 8:30 a.m. Eastern time, is expected to show that the annual pace of inflation rose to 2.8 percent from July 2024. That’s up from ...

Inflation was benign in April, with retailers likely still selling inventory accumulated before the tariffs. The Personal Consumption Expenditures Price Index rose 0.1% last month after being ...

In the 12 months through April, core inflation rose 2.5%. That was the smallest advance since March 2021 and followed a 2.7% increase in March.

The Consumer Price Index is expected to reflect an uptick in inflation as companies increase prices as a result of President ...

The next batch of inflation data from the Bureau of Labor Statistics was already shaping up to be a high-profile affair due ...

The Fed has generally overshot its inflation target over the last four years. Headline PCEPI has averaged 4.0 percent per year since April 2020, whereas core PCEPI has averaged 3.9 percent.

"Inflation is down, income is up, and the trade deficit just fell by the largest amount on record," she said, referring to the April advanced international trade deficit data, also published ...