The core PCE price index is expected to tick up 0.1% M/M in March, or 2.6% on a Y/Y basis. That indicates that the underlying inflation trend is heading toward the Federal Reserve's 2% inflation goal.

Inflation slowed down in March, going by the Federal Reserve's preferred gauge, showing that price pressures were easing before President Trump's steep new tariffs landed earlier this month.

The inflation-fighters at the Federal Reserve target a 2% inflation rate and pay close attention to Wednesday’s inflation gauge, known as the personal consumption expenditures price index.

The Federal Reserve's preferred inflation gauge showed that price growth slowed in March, with inflation trending closer to the central bank's target rate. The Commerce Department on Wednesday ...

Federal Reserve Governor Michael Barr said the economy is on solid ground, but warned tariff-related supply-chain disruptions ...

US consumer spending jumped in March while a key measure of inflation decelerated, a welcome reprieve before tariffs are expected to broadly drive up prices. Inflation-adjusted consumer spending ...

A closely watched inflation gauge used by U.S. policymakers ... Stripping out food and energy, core PCE, the Federal Reserve's preferred inflation measure, came in at 2.6% year-over-year, matching ...

Prices climbed at an unexpectedly slow pace last month, offering a boost to President Donald Trump, whose aggressive trade policies have sparked fears of a resurgence in inflation. The Labor ...

Jerome Powell said the Federal Reserve can wait to see which effect from Trump's tariffs is worse - high inflation or a weak ...

That indicates that the underlying inflation trend is progressing toward the Federal Reserve's 2% inflation goal before April's tariffs kicked in. The consensus estimates expect a deceleration ...