An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...
The latest reading on the Fed's preferred inflation gauge comes just two days after the central bank paused its interest rate cutting cycle.
U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting ...
According to Tom Kloza, the global head of energy analysis at Oil Price Information Service, if fuel producers respond to the ...
The Federal Reserve’s preferred inflation gauge moved even higher in December, driven largely by rising energy prices as well ...
Trump said Powell and the Fed "failed to stop the problem they created with inflation" in a post on Truth Social on Wednesday ...
Chicago Federal Reserve President Austan Goolsbee said inflation data released on Friday was a bit better than expected and ...
Federal Reserve Bank of Chicago President Austan Goolsbee said Friday he is not opposed to a more gradual approach to interest-rate reductions by the U.S. central ...
The Federal Reserve's preferred measure of inflation picked up in December, pushing the central bank's goal of a 2% annual rate farther into the distance.
A spike in energy prices helped to lift the headline PCE price index in December. The combined cost of gasoline, electricity, ...
Friday's inflation report likely won't provide much comfort to borrowers with maturing commercial-real-estate loans. The ...
The Bureau of Economic Analysis said Friday that personal consumption expenditures rose 2.6% in December, in line with expectations. Core PCE, omitting food and energy, was 2.8%.