An inflation gauge closely watched by the Fed rose slightly in December, the latest sign that some consumer prices remain ...

The measure of price increases targeted by the Fed sped up in December, reflecting a stubborn spell of inflation that remains ...

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

The Commerce Department released a closely watched report on Friday showing consumer prices in the U.S. increased in line with ...

The PCE Price Index year over year rose 2.6% in December, in line with forecasts and following an increase of 2.4% in ...

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 ...

Inflation rose two-tenths of a percentage point to 2.6% for the year ending in December, the Bureau of Labor Statistics reported Friday in an update to the personal consumption expenditures index, the ...

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 price gauge used by the Federal Reserve to help set U.S. interest rates accelerated in December, pushing the bank further ...