Consumer spending growth accelerated at the end of 2024, while the Federal Reserve's preferred inflation metric held steady at the annual level, government data showed Friday. Personal consumption ...

The increase was in line with economists' expectations. In the 12 months through December, the PCE price index advanced 2.6%.

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

Friday’s report from the Commerce Department showed that consumer prices rose 2.6% in December from a year earlier, up from a ...

A once-dominant BlackRock Inc. bond ETF is at risk of losing its crown as the biggest inflation-hedging product of its kind, ...

“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 ...

The personal consumption expenditures (PCE) price index rose 0.3 per cent last month after an unrevised 0.1 per cent gain in ...

On a three-month annualised basis — seen as a more accurate picture of the trajectory of inflation — the core PCE price gauge ...

Inflation targeting is a method used by central banks to maintain stable prices by aiming for a specific inflation rate, ...

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

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.

Retirees with private “defined benefit” pensions could lose tens of thousands of pounds due to a change in how inflation will ...