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

Inflation in the US climbed in December, with consumer spending accelerating, potentially delaying Federal Reserve interest ...

The personal consumption expenditures (PCE) price index rose 0.3 per cent last month after an unrevised 0.1 per cent gain in ...

U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting interest rates for some time this year. The personal consumption expenditures ...

The Commerce Department released a closely watched report on Friday showing consumer prices in the U.S. increased in line with ...

This story has been updated with additional details. The Federal Reserve’s preferred inflation measure surged as predicted ...

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%.

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

Egg prices are already high, but officials say they are only going to go up more in 2025. Here's how much you could pay and ...

New White House Press Secretary Karoline Leavitt urged members of Congress to confirm Trump's nominees to address problems ...

President Donald Trump said Monday that he expects to put 25% tariffs on Canada and Mexico starting on Feb. 1, while ...

Truist lowered the firm’s price target on United Rentals (URI) to $963 from $965 and keeps a Buy rating on the shares as part of a broader research note previewing Q4 results for Machinery ...