An inflation gauge closely watched by the Federal Reserve rose slightly last month, while some underlying price pressures showed signs of easing.
U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, ...
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 ...
On Wednesday, the Fed left interest rates unchanged and indicated in a statement that inflation was “somewhat elevated.” In response, President Donald Trump said the Fed had f ...
U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting ...
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