PCE shows U.S. inflation is still elevated. Tariffs could add to the problem.
Inflation rose at an uncomfortable rate in February for the third month in a row, with the potential of further upward pressure on prices from tariffs being put in place by the Trump White House. The ...
US consumer spending slows as rising prices spark stagflation fears
Federal Reserve Chair Jerome Powell acknowledged last week that inflation had started to rise "partly in response to tariffs.
Stocks Fall as Inflation Anxiety Dampens Mood on Wall Street
The S&P 500 index dropped 2 percent as investors weighed hotter-than-expected inflation data and braced for President Trump’s next round of tariffs.
Dow Stumbles More Than 700 Points After High Inflation Report—As Tariffs Loom
Wall Street responded to the month-over-month inflation uptick negatively, as the Dow Jones Industrial Average slipped 1.8%, ...
Moderate US consumer spending, increasing prices raise specter of stagflation
U.S. consumer spending rebounded less than expected in February while a measure of underlying prices increased by the most in ...
Stocks plummet after hot inflation report
Stocks sold off Friday after new federal data showed prices rising faster than expected, reigniting inflation fears on Wall ...
Inflation fears reach highest level in 2 years: survey
Consumer sentiment took a dive in March as concerns about rising prices and slowing economic performance hit home for U.S.
US consumers remained cautious about spending last month as inflation ticked higher
An inflation gauge closely watched by the Federal Reserve remained high last month even before the impact of most tariffs has ...
PCE: Fed's preferred inflation gauge rises 0.4% in February; higher than expecations
However, the Commerce Department announced Friday that the Fed's key inflation measure expanded more than expected in ...
Inflation Remained Sticky Ahead of Trump’s Escalating Trade War
The Federal Reserve’s preferred inflation measure showed underlying price pressures persisting in February, as ...
Hot February inflation data sends stocks spiraling
The data is stoking fresh fears of an inflation surge right as Trump's trade war is escalating, with the market approaching a ...