Core PCE inflation, which is the Federal Reserve’s favored measure of price changes as it excludes more volatile food and energy categories, was 2.5% in April, lower than projections of 2.6%.

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 Federal Reserve's preferred inflation gauge showed that price growth eased slightly in April, trending closer to the central bank's target as economists warn the impact of tariffs could push ...

In the 12 months through April, core inflation rose 2.5%. That was the smallest advance since March 2021 and followed a 2.7% increase in March.

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%.

Key Takeaways: 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.

Inflation fell two-tenths of a percentage point to 2.1% for the year ending in April, the Bureau of Labor Statistics reported Friday in an update to the Federal Reserve’s preferred gauge.

Dr Liliana Danila, Lead Economist, The Food and Drink Federation, (FDF) said:“Food and drink inflation shot up in May 2025, reaching 4.4% compared to 3.4% in April.

The annual inflation rate eased to a four-year low of 2.3% in April, then rose to 2.4% in May, a figure below projections, as Trump’s tariffs began to take hold. Forecasters expected annual inflation ...

Keating said Treasury Inflation-Protected Securities (TIPS) and Real Estate Investment Trusts (REITs) also tend to do well in ...

Progress in bringing down the rate of inflation has halted, at least for now. But even with June’s boost in price growth, ...