An inflation gauge closely watched by the Federal Reserve rose slightly last month, while some underlying price pressures showed signs of easing.

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 ...

U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, ...

An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices remain stubbornly elevated, even as inflation is cooling in fits and start ...

The Bureau of Economic Analysis said Friday that personal consumption expenditures rose 2.6% in December, in line with expectations. Core PCE, omitting food and energy, was 2.8%.

Core inflation slows to 3.2%, signaling easing pressures. Energy costs surged 2.6% in December, led by a 4.4% spike in gasoline prices, driving over 40% of monthly CPI gains. Food prices rose 0.3% ...

Fed Chairman Jerome Powell said the PCE inflation report in December is expected to show prices rose 2.6% in the past 12 months, or a somewhat higher 2.8% based on the core rate that omits food and ...

Every month, the BLS releases a national Consumer Price Index, and then a rotating set of regional inflation reports are ... for the metro Atlanta area also rose 1.3%, while energy costs actually ...

The report isn’t adjusted for inflation, which picked up last month. The retail sales report mostly reflects sales of goods, where prices have been relatively muted. Sales rose 3.9% in December ...