U.S. consumer sentiment dropped unexpectedly in February to a seven-month low and inflation expectations rocketed as ...

The Federal Reserve's typically bland public statement after it votes on U.S. interest rates dropped a line about making progress on lowering inflation. In December, the Fed said, "Inflation has made ...

Inflation ticked up in December while core growth slowed. According to the Bureau of Labor Statistics, the headline figure for the Consumer Price Index rose to 2.89% year-over-year, right in line ...

When volatile food and energy costs are factored out, the Federal Reserve’s preferred measure of inflation increased 2.8% from one year ago, in line with expectations. The PCE Price Index ...

On a monthly basis, headline PCE rose 0.3% while core increased 0.2%, both in line with forecasts as well. The Fed targets annual inflation at 2%, a level the price gauge has not seen since ...