The inflation gauge the Federal Reserve relies on most to decide whether to raise or lower U.S. interest rates is likely to ...

U.S. consumer prices increased by the most in five months in June amid higher costs for some goods, suggesting tariffs were ...

Higher inflation from tariffs is still expected to flow through the U.S. economy, but Wall Street investors aren’t expecting the price increases to show up this week.

The New York Times said Trump waved a draft letter firing Powell at an Oval Office meeting late Tuesday. Trump had gathered a ...

The U.S. Bureau of Economic Analysis announced Friday that core inflation jumped higher than expected last month.

U.S. producer prices were unexpectedly unchanged in June as an increase in the cost of goods because of tariffs on imports ...

Consumer prices likely rose slowly in May, as measured by the Federal Reserve's preferred gauge of inflation, Personal ...

Shelter Price Weights Cause PCE and CPI to Diverge Differences between how components are weighted in the two indexes are often responsible for the differences between CPI and PCE inflation readings.

Inflation has been top of mind in recent years. Most of Wall Street follows the CPI but the Fed favors the PCE. Here's why.

Consumer spending declined for the first time since January, according to new data released Friday that also showed inflation heated up on an annual basis.

Forecasts for April PCE Report Show Another Good Month for Inflation Overall inflation is cooling, but tariffs could throw a wrench in the outlook.

Prices rose faster in May than forecasters had anticipated, and consumers unexpectedly lost income and pulled back on ...