The Federal Reserve’s preferred inflation gauge, the core PCE price index, climbed 3.4% year-over-year in May, matching the forecast. The headline index surged 4.1% year-over-year, meeting ...

Federal Reserve officials believe that inflation will cool faster than previously expected this year. In the summary of ...

Financial conditions are likely to remain biased toward tightening until core PCE inflation comes under control, making it harder to take an outright bullish view on markets, particularly small-cap ...

Committee members expect inflation to run above their 2% target for at least a few more years. In the Summary of Economic ...

Bitcoin climbed back above $80,000 after Fed Governor Christopher Waller said cooling inflation could justify leaving interest rates unchanged in September. Three-month core inflation has ...

The core PCE price index, climbed 3.3% year-over-year in June, matching the forecast. This marks a slight decrease from May's 3.3% reading. On a monthly basis, core prices rose 0.1%, just shy of ...

The Federal Reserve has raised U.S. interest rates, with Chair Kevin Warsh saying inflation remains too high. All 12 voting ...

The personal consumption expenditures price index was expected to rise 0.1% monthly and 3.6% on a 12-month basis, according to economists surveyed by Dow Jones.

The headline PCE price index rose 3.7% annually, topping consensus by 0.1 percentage point, while core inflation matched expectations at 3.3% ...

By Lucia Mutikani WASHINGTON, Sept 11 (Reuters) - U.S. consumer prices accelerated in August as the cost of gasoline ...

The last time the Federal Reserve managed to hit its two-percent price-inflation target was March of 2021. At the time, Fed Chairman Jerome Powell was telling ...