Jeff Cox

1 week ago | nbcnews.com | Jeff Cox

May 30, 2025, 1:09 PM EDT / Source: CNBCInflation barely budged in April as tariffs President Donald Trump implemented in the early part of the month had yet to show up in consumer prices, the Commerce Department reported Friday. The personal consumption expenditures price index, the Federal Reserve’s key inflation measure, increased just 0.1% for the month, putting the annual inflation rate at 2.1%, the lowest of 205.

1 week ago | flipboard.com | Jeff Cox

Inflation rate slipped to 2.1% in April, lower than expected, Fed's preferred gauge showsEconomists worry that tariffs could spark another round of inflation, though the historical record shows that their impact is often minimal. Inflation barely budged in April as tariffs President Donald Trump implemented in the early part of the month had yet to show up in consumer prices, the …

1 week ago | nbcwashington.com | Jeff Cox

Spencer Platt | Getty Images The personal consumption expenditures price index, the Federal Reserve's key inflation measure, increased just 0.1% for the month, putting the annual inflation rate at 2.1%. Core inflation also was at 0.1% for the month though it was higher on an annual level at 2.5%. Consumer spending, though, slowed sharply for the month, posting just a 0.2% increase, while the savings rate surged to 4.9%, the highest in nearly a year.

1 week ago | flipboard.com | Jeff Cox

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1 week ago | nbcdfw.com | Jeff Cox