A key inflation gauge tracked closely by the Federal Reserve slowed sharply in February. The release of the personal consumption expenditures price index Friday comes after the central bank raised ...
The numbers: A key gauge of U.S. inflation fell 0.1% in July thanks to tumbling gasoline prices, marking the first decline in more than two years and giving Americans some relief from a rapidly ...
The preferred inflation gauge remains the core personal consumption expenditure price index, which excludes food and energy, Fed Chair Jerome Powell said during his Jackson Hole speech on Friday.
WASHINGTON – The Federal Reserve held its key interest rate steady Wednesday but signaled another hike is likely this year ...
Rolling coverage of the latest economic and financial news ...
Oil prices pushed closer to US$100 a barrel, stoking expectations interest rates will stay higher for longer and keeping ...
Gas costs drove inflation in August, rising 10.6 percent over the month and accounting for more than half of the increase ...
US inflation accelerated in August for the second-straight month, pushed up by rising gas prices. However, core inflation, which strips out volatile food and energy prices, continued to slow ...
World stocks were on track for their longest losing streak in two years on Thursday as the sight of oil prices nearing $100 a ...
South Korea inflation expectations made no change for the second straight month in September halting the downward trend this year ...
High gas and housing costs pushed inflation higher in August, muddling the Federal Reserve’s ongoing fight to slow the economy and tame consumer prices. The inflation report released Wednesday ...
