The News. US consumer prices eased more than expected in March, with the 12-month inflation rate dropping to 2.4%, below the 2.6% predicted. Excluding food and energy, the core rate rose 2.8%, its ...

US inflation was lower than expected in March — despite President Trump’s launch of sweeping tariff wars — but some experts warned that higher prices are likely in the coming months. The ...

The CPI fell 0.1% month over month in March after rising 0.2% in February. Core CPI rose 0.1%, matching the February increase. Economists forecast that consumer prices would rise 0.1% on a monthly ...

US inflation cooled broadly in March, indicating some relief for consumers prior to widespread tariffs that risk contributing to price pressures. The consumer price index, excluding often volatile ...

WASHINGTON -- A closely watched inflation gauge cooled in March in a sign that prices were steadily easing before most of President Donald Trump's tariffs were implemented.

Those concerns were reinforced by a survey from the University of Michigan on Friday showing consumers' 12-month inflation expectations soared to the highest level in nearly 2-1/2 years in March.

Also, while the CPI is the most widely used barometer of inflation, the Fed’s preferred gauge for its 2% target is the Personal Consumption Expenditures price index, which slowed to 2.5% in June.

US inflation slows again, clearing way for rate cuts Matthew Cranston United States correspondent Updated Aug 15, 2024 – 6.26am , first published at Aug 14, 2024 – 11.06pm ...

U.S. import prices fell 0.1% in March, the first decline since September, due to lower energy costs. Concerns remain about potential stagflation – simultaneous high inflation and slow growth ...

US inflation was lower than expected in March — despite President Trump’s launch of sweeping tariff wars — but some experts warned that higher prices are likely in the coming months.