The Bureau of Economic Analysis said Friday that personal consumption expenditures rose 2.6% in December, in line with ...

The Federal Reserve’s preferred inflation gauge moved even higher in December, driven in part by rising food and energy prices. However, a closely watched measurement of underlying inflation trends ...

U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting ...

The Federal Reserve expressed concern that inflation has not eased enough for it to continue lowering interest rates.

U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, ...

It is measured as the change in the consumer price index (CPI) compared with the same month a year earlier. Based on the results available so far, the Federal Statistical Office (Destatis) also ...

The Federal Reserve left interest rates unchanged Wednesday as it began a new wait-and-see policy stance amid a cloudy ...

The Federal Reserve's preferred inflation gauge, known as the personal consumption expenditures index, rose in December in ...

PCE inflation rises 2.7% y/y, exceeding forecasts. Core PCE holds at 2.8%. Fed raises 2025 inflation outlook. Dollar and ...

“The Fed’s prognosis is for a slower pace of monetary easing moving forward, as the economy is doing well and prices are only slowly returning to target in an environment of great uncertainty,” said ...

Overall prices were up but core inflation held steady as consumers spent more, saved less and pushed more debt to credit cards.

The president last week inserted himself into the debate over interest rates ahead of the central bank’s meeting this week.