The headline index was up 2.3% year-over-year, as expected.

The latest reading of the Federal Reserve's preferred inflation gauge showed price increases accelerated in May. The core ...

US core inflation rose slightly above forecasts in May, but declines in personal income and spending point to weakening ...

In the 12 months through May, PCE inflation increased 2.3% after climbing 2.2% in April. Stripping out the volatile food and ...

The PCE price index was projected to rise 0.1% in May, with the annual inflation rate at 2.3%, according to the Dow Jones ...

Consumer spending cooled in May as inflation crept higher, signaling new pressure on Americans' wallets amid President Donald ...

Most economists and policymakers are bracing for price pressures to intensify this summer because of President Trump’s ...

Higher inflation from tariffs is still expected to flow through the U.S. economy, but Wall Street investors aren’t expecting ...

The best the Fed can do (whether or not tariff shocks appear) is keep nominal spending on a stable trajectory.

Personal income in the U.S. fell by $109.6 billion (0.4%) in May, driven primarily by declines in government benefits and ...

Economists expect the Fed's preferred inflation gauge to show a 2.3% annual rise in May, up from April's 2.1%, reflecting lingering price pressures.

The U.S. Bureau of Economic Analysis announced Friday that core inflation jumped higher than expected last month.