On a three-month annualised basis — seen as a more accurate picture of the trajectory of inflation — the core PCE price gauge ...
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A spike in energy prices helped to lift the headline PCE price index in December. The combined cost of gasoline, electricity, ...
Chicago Federal Reserve Bank President Austan Goolsbee said Friday's inflation data was a bit better than expected and helps ...
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WASHINGTON (AP) — An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that ...
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 moved even higher in December, driven in part by rising food and energy prices. However, a closely watched measurement of underlying inflation trends ...
Stock futures are higher Friday morning as investors respond to a steady stream of earnings reports and await the release of a closely followed inflation indicator.
U.S. labor costs rose marginally in the fourth quarter, offering some comfort to Federal Reserve officials after progress ...