WASHINGTON (AP) — An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that ...
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect ...
The increase was in line with economists' expectations. In the 12 months through December, the PCE price index advanced 2.6%.
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
A once-dominant BlackRock Inc. bond ETF is at risk of losing its crown as the biggest inflation-hedging product of its kind, ...
“The Fed’s prognosis is for a slower pace of monetary easing moving forward, as the economy is doing well and prices are only slowly returning to target in an environment of great uncertainty,” said ...
On a three-month annualised basis — seen as a more accurate picture of the trajectory of inflation — the core PCE price gauge ...
Inflation targeting is a method used by central banks to maintain stable prices by aiming for a specific inflation rate, ...
The Commerce Department released a closely watched report on Friday showing consumer prices in the U.S. increased in line with ...
This story has been updated with additional details. The Federal Reserve’s preferred inflation measure surged as predicted ...
The Federal Reserve's preferred measure of inflation picked up in December, pushing the central bank's goal of a 2% annual rate farther into the distance.
A spike in energy prices helped to lift the headline PCE price index in December. The combined cost of gasoline, electricity, ...