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

U.S. inflation increased by the most in eight months in December amid a surge in consumer spending, suggesting the Federal ...

On a three-month annualised basis — seen as a more accurate picture of the trajectory of inflation — the core PCE price gauge ...

Inflation targeting is a method used by central banks to maintain stable prices by aiming for a specific inflation rate, ...

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

The Federal Reserve's preferred measure of inflation picked up in December, pushing the central bank's goal of a 2% annual rate farther into the distance.

Retirees with private “defined benefit” pensions could lose tens of thousands of pounds due to a change in how inflation will ...

The accompanying policy statement did not include the reference to inflation having made progress toward the Fed's 2% target. No rate cut is expected before June ...

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 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.

The personal consumption expenditures (PCE) price index rose 0.3% last month after an unrevised 0.1% gain in November, the Commerce Department said on Friday. Economists polled by Reuters had forecast ...