News

The personal consumption expenditures price index rose 0.1% for the month, pushing the annual inflation rate to 2.3%, ...
The Federal Reserve’s preferred inflation gauge had been expected to reinforce the growing case for interest rate cuts sooner ...
The debate over how and when the tariffs will affect prices has divided central bank policymakers over the trajectory for interest rates.
The price spikes that were expected to accompany President Donald Trump’s head-spinning tariff regime have not arrived.
The Federal Reserve's targeted inflation measure ticked slightly higher in May, but the numbers didn't show a big ...
An inflation measure that's closely watched by the Federal Reserve slowed in May due to falling energy prices. But an underlying gauge of price gains stayed elevated. Consumer prices broadly ...
Powell said the Federal Reserve committee "remains confident" that inflation eventually will reach 2% but will wait until it sees economic data "that gives us the confidence that inflation is ...
“That is some seriously good news,” Julia Coronado, a former Federal Reserve economist who is president of the advisory firm MacroPolicy Perspectives, wrote on Twitter.
Wednesday’s inflation report won’t change much for the Federal Reserve because it will take several months of price data to convince officials that tariff-related risks to inflation won’t ...
Inflation expectations are crucial data points for the Federal Reserve. If consumers believe prices will remain high, that could factor in to increased wage demands, which could cause businesses ...
The Federal Reserve’s preferred inflation gauge, the Personal Consumption Expenditures index, climbed 4.4 percent in April, a slight increase from March.
A measure of inflation that the Federal Reserve watches most closely is showing signs of moderation, ... and 0.4 percent after adjusting for inflation, Thursday’s data showed.