An inflation gauge closely watched by the Federal Reserve rose slightly last month, while some underlying prices pressures ...
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
The Federal Reserve's preferred inflation gauge, known as the personal consumption expenditures index, rose in December in ...
A spike in energy prices helped to lift the headline PCE price index in December. The combined cost of gasoline, electricity, ...
U.S. consumers grappling with soaring prices for beef and eggs will face even higher costs for meat, vegetables and fruit if ...
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect ...
Even as economies shift after several years of aggressive salary growth combined with talent shortages, salary increases ...
The price gauge used by the Federal Reserve to help set U.S. interest rates accelerated in December, pushing the bank further ...
Federal Reserve Governor Michelle Bowman said she wants to see additional progress on inflation before the central bank ...