WASHINGTON (AP) — A key U.S. inflation gauge slowed last month as President Donald Trump’s tariffs have yet to noticeably push up prices. Spending by Americans slowed despite rising incomes ...

US Inflation Cools and Americans Step up Spending as They Brace for Tariff Impact. More. Andy Bao. Shoppers move through a market in the Chinatown neighborhood of Los Angeles, Monday, April 21, 2025.

US inflation cools and Americans step up spending as they brace for tariff impact An inflation gauge cooled last month in a sign that prices were steadily easing ...

The latest inflation readings could help convince the Fed’s policymakers that inflation is returning to its 2% target. Measured from 12 months earlier, prices were up 3% in June, down from 3.3% ...

That followed a 0.5% gain in the so-called core PCE inflation in February. In the 12 months through March, core inflation increased 2.6% after advancing 3.0% in February. The Fed tracks the PCE ...

The Federal Reserve’s preferred measures of US inflation cooled in May and consumer spending stagnated, suggesting the economy’s main engine is starting to lose some momentum. The personal ...

Real Estate News US inflation cools again, potentially paving way for Fed to cut interest rates soon This week, the cost of a 30-year fixed mortgage fell only slightly.

US inflation cools in May, boosting hopes of Fed rate cut. By Lucia Mutikani. June 28, 2024 9:41 PM UTC Updated June 28, 2024 Summary; PCE price index flat in May; up 2.6% on year ...

US inflation cooled broadly in June to the slowest pace since 2021 on the back of a long-awaited slowdown in housing costs, ... US Inflation Broadly Cools, Likely Sealing Deal for Fed Rate Cut.

US Inflation Gauge Cools With Little Sign of Tariff Impact, So Far WASHINGTON (AP) — A key U.S. inflation gauge slowed last month as President Donald Trump’s tariffs have yet to noticeably ...

The latest inflation readings could help convince the Fed’s policymakers that inflation is returning to its 2% target. Measured from 12 months earlier, prices were up 3% in June, down from 3.3% ...