There’s a possibility that inflation sped past 3 percent in January due to higher oil prices and lingering food supply ...

Overall prices were up but core inflation held steady as consumers spent more, saved less and pushed more debt to credit cards.

The PCE price index accelerated for the third month in a row, to 2.6% year-over-year in December, the worst increase since ...

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 ...

U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, ...

Consumers keep spending, while inflation edges higher.Personal consumption expenditures (PCE) grew by a strong 0.7 percent in December, easily ...

The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.

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

“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 ...

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

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 ...