Tariffs have not yet meaningfully affected broader inflation data, but the levies will soon cause inflation to shoot back up to the highest level since 2023, according to Goldman Sachs economists.

The U.S. Commerce Department said on Friday its Personal Consumption Expenditures (PCE) Price Index gained 0.1% in May, ...

The headline index was up 2.3% year-over-year, as expected.

Tariff-related uncertainty is clouding the Federal Reserve's path forward, even as today's inflation data gives mixed signals ...

The Federal Reserve's targeted inflation measure ticked slightly higher in May, but the numbers didn't show a big ...

New federal data showed that inflation edged up in May, but U.S. prices show only modest impact from U.S. tariffs.

The U.S. Bureau of Economic Analysis announced Friday that core inflation jumped higher than expected last month.

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%.

Inflation slowed down in March, going by the Federal Reserve's preferred gauge, showing that price pressures were easing before President Trump's steep new tariffs landed earlier this month. The ...

US stocks hit record highs as S&P500 and Nasdaq surge. Trade hopes, inflation data, and tech stocks drive a bullish forecast ...

The PCE inflation measure, followed closely by the Federal Reserve crept up in February. A core reading stayed elevated. What it means for rate cuts.

Typically, the PCE index shows a lower inflation level than CPI. In part, that's because rents, which have soared, carry twice the weight in the CPI that they do in the PCE.