Inflation surged in May to the highest level since early 2023, as Iran war-related fuel costs worked their way through the broader economy. Limited time: Save 25% on NBC News subscription Get ...

Inflation ticked higher in May as American consumers continued to face elevated fuel prices amid the Iran war's impact on the energy market and across the economy. The Bureau of Labor Statistics (BLS) ...

Economists expect a key inflation gauge set to be released on Wednesday to show that U.S. consumer prices in May rose at their fastest pace in more than three years. The Consumer Price Index is ...

If the Wall Street consensus is correct, the consumer price index is expected to show inflation running at a 4.2% annual rate off an expected 0.5% monthly gain in May. Worries are growing that the ...

President Donald Trump said, "I love the inflation" after he was asked if he was worried about newly released consumer price index data. The CPI showed the annual inflation rate at 4.2%, a three-year ...

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new video loaded: Trump Says He ‘Loves the Inflation’ Amid War With Iran transcript President Trump dismissed the newest inflation report on Wednesday, marking the third-straight month of high prices ...

One number released this past week says inflation is running away from the Federal Reserve’s 2% target. Another says it’s nearly there. The Commerce Department said Thursday that a widely watched ...

The Consumer Price Index is one of the last major data releases ahead of Kevin M. Warsh’s first meeting as chair of the Federal Reserve. By Colby Smith Colby Smith covers the Federal Reserve. The ...

President Trump told reporters Wednesday that he loved “inflation,” after he was asked about inflation spiking in May. “No, I love it. The numbers were great,” Trump said when asked if he was ...

The May CPI report is forecast to show continued high inflation due to rising energy prices. Higher fuel prices could begin to bleed through to warehousing, retail, and wholesale trade, among other ...

Washington — President Trump on Wednesday applauded the latest inflation spike, saying the numbers are "great" and "I love the inflation" because the U.S. is "taking out" what he called "millions" of ...