The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...
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 ...
The price gauge used by the Federal Reserve to help set U.S. interest rates accelerated in December, pushing the bank further ...
Friday's inflation report likely won't provide much comfort to borrowers with maturing commercial-real-estate loans. The ...
The measure of price increases targeted by the Fed sped up in December, reflecting a stubborn spell of inflation that remains ...
The latest reading on the Fed's preferred inflation gauge comes just two days after the central bank paused its interest rate cutting cycle.
U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting ...
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 ...