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, ...
The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.
The Commerce Department released a closely watched report on Friday showing consumer prices in the U.S. increased in line with ...
The core index, one that strips volatile food and energy costs and is used by the Fed in setting interest rates, rose 0.2% in ...
The personal consumption expenditures (PCE) price index rose 0.3% last month after an unrevised 0.1% gain in November ...
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 ...
The Commerce Department released a closely watched report on Friday showing consumer prices in the U.S. increased in line with ...
The Federal Reserve left interest rates unchanged Wednesday as it began a new wait-and-see policy stance amid a cloudy ...
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%.