Economists are busy hunting for signs of tariff-induced price hikes in the monthly inflation data. They may be overlooking some good news, which is that a surge in the cost of car insurance is finally ...
PCE inflation slowed to 2.3% in March, cooling from 2.7% and signaling easing price pressures pre-tariffs. Personal spending jumped 0.7% as auto outlays surged $56.6 billion ahead of anticipated ...