The Federal Reserve’s preferred inflation gauge rose more than expected in May and the annual rate climbed further above central bankers' 2% goal, according to government data released Friday.

WASHINGTON (AP) — A key inflation gauge moved higher in May in the latest sign that prices remain stubbornly elevated while Americans also cut back on their spending last month. Prices rose 2.3% ...

WASHINGTON — U.S. inflation picked up a bit last month as higher prices for groceries and some imported goods were largely offset by cheaper gas, travel services, and rents. Consumer prices ...

U.S. inflation rose slightly last month, with the rising cost of groceries, games and appliances offset by lower prices on cars, clothes and travel expenses.

U.S. inflation picked up a bit last month as food costs rose, though overall inflation remained mostly tame.

A key inflation gauge moved higher in May in the latest sign that prices remain stubbornly elevated while Americans cut back on their spending. Prices rose 2.3% in May compared with a year ago, up ...

U.S. inflation picked up a bit last month as food costs rose, though overall inflation remained mostly tame.

WASHINGTON (AP) — A key inflation gauge moved higher in May in the latest sign that prices remain stubbornly elevated while Americans also cut back on their spending last month. Prices rose 2.3% ...