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 ...

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

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 ...

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 interest rates for some time this year. The personal consumption expenditures ...

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.

The personal consumption expenditures (PCE) price index rose 0.3% last month after an unrevised 0.1% gain in November, the Commerce Department said on Friday. Economists polled by Reuters had forecast ...

This story has been updated with additional details. The Federal Reserve’s preferred inflation measure surged as predicted ...