Economists prefer to look at core inflation to determine underlying inflation trends. However ... Tariffs, a tax paid by U.S. importers, add costs for businesses that ultimately get passed ...

The US consumer price index (CPI ... Core CPI, which excludes food and energy and is considered a better gauge of inflation trends, dropped to 2.8% year-on-year, down from 3.1% in February ...

Powell's comments suggest the Fed will mostly focus on inflation. Powell's remarks come two days after Trump unveiled ...

U.S. consumer prices unexpectedly fell in March ... This initial easing in inflation has raised both optimism and caution among market participants, as lower prices could signal temporary reprieve ...