The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.

U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting ...

Consumer spending, which accounts for more than two-thirds of U.S. economic activity, jumped 0.7% in December after an ...

The Federal Reserve's preferred inflation gauge, known as the personal consumption expenditures index, rose in December in ...

The measure of price increases targeted by the Fed sped up in December, reflecting a stubborn spell of inflation that remains ...

Key Takeaways Inflation, as measured by Personal Consumption Expenditures, rose 2.6% over the year in December, up from 2.4% ...

The Core PCE Price Index, the Federal Reserve's preferred measure of inflation, increased 0.2% M/M in December, in line with ...

The core index, one that strips volatile food and energy costs and is used by the Fed in setting interest rates, rose 0.2% in December and 2.8% annually, unchanged from November.

U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting ...

An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...

An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...

The US Federal Reserve's preferred inflation measure accelerated for a third month in a row in December, according to ...