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 ...

"I still think my ultimate where-we're-going-to-land is a fair bit below where we are today," Austan Goolsbee said at auto ...

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

The 25% tariffs Trump was to impose on Mexico and Canada, joined with a 10% tariff on China, would have pushed up underlying ...

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 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, ...

which bases its calculations on the Consumer Price Index, a widely used indicator for inflation. Members of the Federal Reserve Board of Governors are appointed by the U.S. president and confirmed ...

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

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.