Americans expect inflation to be far higher than it really is, polling shows

American voters often rank inflation as the most important issue facing the US. But something odd has happened to inflationary expectations since Donald Trump became president in January. Americans ... Read More

U.S. inflation worsened last month as the cost of gas, food and airfares jumped

The reading is the last data the Fed will receive before its key meeting next week, when policymakers are widely expected to cut their short-term rate to about 4.1% from 4.3%. Read More

U.S. economy gets its mojo back, S&P surveys find, but inflation is also picking up

Is the worst damage to the economy from fading U.S. trade wars over? Maybe. New S&P surveys of business leaders suggest August has been the best month of the year. “Strong [survey] readings for August ... Read More

4 reasons why the Trump tariffs haven't caused U.S. inflation to soar

For months, economists warned that the Trump administration's sweeping tariffs would sharply boost consumer prices. Here's why it hasn't happened. Read More

PCE report shows U.S. inflation remained mostly level in July, though some prices edged up

The Personal Consumption Expenditures index, a key inflation gauge used by the Federal Reserve to make interest-rate decisions, held steady in July according to new data from the Department of ... Read More