Overall prices were up but core inflation held steady as consumers spent more, saved less and pushed more debt to credit cards.
The PCE price index accelerated for the third month in a row, to 2.6% year-over-year in December, the worst increase since ...
There’s a possibility that inflation sped past 3 percent in January due to higher oil prices and lingering food supply ...
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 ...
Consumers will see the price of alcohol rise from Saturday (the day that marks the end of dry January) when a hike in tax and ...
Consumers keep spending, while inflation edges higher.Personal consumption expenditures (PCE) grew by a strong 0.7 percent in December, easily ...
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
A once-dominant BlackRock Inc. bond ETF is at risk of losing its crown as the biggest inflation-hedging product of its kind, ...
The Commerce Department released a closely watched report on Friday showing consumer prices in the U.S. increased in line with ...
“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 ...
U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting interest rates for some time this year. The personal consumption expenditures ...
On a three-month annualised basis — seen as a more accurate picture of the trajectory of inflation — the core PCE price gauge ...