With the latest U.S. inflation report coming in hotter than expected to start the year, are Fed interest rate cuts still on ...

Even though wholesale prices surged in January, some costs, such as for healthcare, insurance and plane tickets, were lower than expected. As a result, Wall Street has lowered its forecast for the ...

President Donald Trump took office with a promise to “immediately bring prices down.” But conquering inflation is tricky, and ...

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The Fed is in a holding pattern, awaiting more data, with December showing strong consumption but moderate inflation, suggesting disinflationary trends.

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US inflation increased by the most in eight months in December amid a surge in consumer spending, suggesting the Federal Reserve would probably be in no hurry to resume cutting interest rates soon.

The Federal Reserve’s preferred inflation gauge moved even higher in December, driven largely by rising energy prices as well as food. However, a closely watched measurement of underlying ...

The Personal Consumption Expenditure index shows prices are up by 2.6% annually. The Federal Reserve is seeing positive economic indicators despite erratic inflation. Just two days after the Federal ...

The Federal Reserve's preferred inflation gauge showed prices rose as expected in December, and it remains above the central bank's target level amid its ongoing efforts to wrestle down inflation.