December’s PCE report on Friday suggests that inflation finished 2024 above the Federal Reserve's 2% target, but it didn't spiral out of control, which is "the ideal outcome" from a stock investor’s ...
U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, ...
President Donald Trump did not call on the Federal Reserve to bring down rates last week, but said it had failed to bring ...
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 ...
WASHINGTON (AP) — An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that ...
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect ...
In a Friday speech, Federal Reserve Board member Michelle Bowman said regulation and supervision should be aimed at expanding banking access, not limiting it.
Two Federal Reserve officials seen as representing contrasting sides of the policy spectrum said on Friday they'll be ...
U.S. Inflation gauge rises as Trump's tariff threats loom, potentially pushing prices higher in coming months.
Consumers keep spending, while inflation edges higher.Personal consumption expenditures (PCE) grew by a strong 0.7 percent in December, easily ...
Plus, why Morningstar believes the Federal Reserve will cut interest rates this year more than the markets predict.