PCE report today shows U.S. inflation ticked higher in May as consumers pared spending

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

Fed's preferred inflation gauge heats up a tick in May, consumer spending, income fall

M/M vs. +0.1% consensus and +0.1% prior (unrevised), according to data released by the Commerce Department's Bureau of Economic Analysis on Friday. Read More

Only 16% of holiday shoppers plan to spend more this season because of inflation, CNBC survey shows - NBC 5 Dallas-Fort Worth

Participants in the CNBC All-America Economic Survey say that prices for holiday gifts are higher this year than last. That may be affecting spending patterns. ... Watch News 24/7 ... Read More

Consumers are saving more and spending less as Trump’s tariffs loom | CNN Business - CNN International

Tariffs are looming, inflation is still sticky and US consumers are bracing themselves for the impact. That’s according to data released Friday from the Commerce Department: Americans socked ... Read More

Consumers are saving more and spending less as Trump’s tariffs loom | News | wkow.com

Friday’s report, however, did provide a silver lining for household finances: Incomes climbed by 0.8% for the month and and disposable income (after taxes) was up 0.9% and 0.5% after adjusting for ... Read More

US Consumers Remained Cautious About Spending Last Month as Inflation Ticked Higher - U.S. News & World Report

WASHINGTON (AP) — Inflation picked up last month and consumers barely raised their spending, signs that the economy was already cooling even before most tariffs were imposed. Read More

Inflation Fear Is Making Some People Spend More—and Others Less - WSJ - The Wall Street Journal

Four chief economists break down their forecasts for a recession, increased inflation and more. Photo Illustration: Xingpei Shen If consumers are expecting higher prices in the future, they might ... Read More

How Our Family Fights Inflation - Kiplinger

How Our Family Fights Inflation Millennials typically spend more than other generations on certain expenses that have been increasing most rapidly. Here are some tips to cut your losses. Read More

Shrinking Savings Cut Consumer Spending as Inflation Worries Ease - Inc.com

U.S. central bankers have said that continued strength in the real economy has given them room to hold the policy rate in its current 5.25 percent-5.50 percent range so as to keep up the downward ... Read More

Inflation is easing, but another alarm bell is ringing about the US economy | CNN Business - CNN International

The Federal Reserve’s preferred inflation gauge cooled as expected in January; however, the good news came with another potential red flag for the US economic engine: Consumers pulled back their ... Read More

Inflation Calculator: See How Much Inflation Is Costing You

While inflation has cooled since 2022, the CPI rose 2.9% from Dec. 2023 to Dec. 2024. Not all prices rise at the same rate – some sectors of the economy are seeing minimal inflation or even ... Read More