Inflation fell one-tenth of a percentage point in January to 2.8%, the Bureau of Labor Statistics reported in an update to to the personal consumption expenditures index, the Federal Reserve’s ...
The U.S. PCE inflation data, the Fed’s favorite inflation gauge, has come in lower than expectations. This data release comes ...
Inflation held steady in February as the headline figure for the Consumer Price Index remained at 2.4% year-over-year.
The inflation data captures the period before the Iran war broke out. Since then, oil prices have surged, driving inflation ...
Inflation held steady at 2.4% for the year ending in February as higher prices continue to plague President Donald Trump. Forecasters had expected inflation to hold steady last month. The Bureau of ...
Data on consumer prices in February will inform the Federal Reserve’s deliberations over interest rates next week.
The new consumer price index report doesn't reflect the oil shock from the ongoing war in Iran.
Annual inflation slowed in January, falling more than economists expected, helped by declining prices for gasoline and used vehicles. Cooler price increases overall are positive news for the economy, ...
The latest inflation report was released Thursday morning and, with it, the revelation that inflation increased in August. Now at 2.9%, the inflation rate increased from July's 2.7% and is now almost ...
"The inflation trajectory will only steepen in the coming months to around 4.5%, with gasoline prices set to climb to $3.75 on average nationally, a spike in diesel and fertilizer ...
Prices that consumers pay rose slightly in May, while the annual inflation rate edged further away from the Federal Reserve's target, according to a Commerce Department report Friday. The personal ...