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%.

U.S. labor costs rose marginally in the fourth quarter, offering some comfort to Federal Reserve officials after progress ...

The increase was in line with economists' expectations. In the 12 months through December, the PCE price index advanced 2.6%.

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

“The Fed’s prognosis is for a slower pace of monetary easing moving forward, as the economy is doing well and prices are only slowly returning to target in an environment of great uncertainty,” said ...

The Federal Reserve’s preferred inflation gauge moved even higher in December, driven largely by rising energy prices as well ...

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

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

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

Americans are not as confident of the economy as they were a few months back. Markets have been volatile from the beginning of this year as inflation has been showing signs of climbing again, ...

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