The Fed’s rate-setting Federal Open Market Committee will meet May 6-7. Trump has repeatedly demanded the central bank lower ...

Core inflation ... as energy prices dragged inflation pressures downward. “Tariffs were likely a modest source of inflationary pressure in April,” wrote Bank of America analysts in a recent ...

Economists track core prices because they typically provide a better read on where inflation is headed. The slowdown in inflation could be a temporary respite until the widespread duties imposed ...