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 Federal Reserve’s preferred inflation gauge showed signs of cooling in April, reinforcing expectations that the central bank may be edging closer to considering interest rate cuts – though ...

A key U.S. inflation gauge slowed last month as President Donald Trump’s ... The May 30 report from the Commerce Department showed that consumer prices rose just 2.1% in April compared with a ...

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 ...

The S&P 500 and Nasdaq notched new all-time highs, buoyed by easing trade tensions and hopes for lower interest rates.

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 ...

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 US Federal Reserve's preferred inflation measure cooled more than expected last month, ... US President Donald Trump, seen in May 2025, slapped sweeping tariffs on most countries in April ...

Summary. The Personal Consumption Expenditures Price Index grew at an annualized rate of 1.2 percent in April 2025, marking the second consecutive month of below-target inflation.

The average cost of a cooker swung from negative inflation in April (down 3.4% year-on-year) to positive inflation in May (up 2.3%), while inflation climbed higher for heaters and air conditioners.

The US Federal Reserve's preferred inflation measure cooled more than expected last month, according to government data published Friday, as President Donald Trump's "liberation day" tariffs on ...