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

In the 12 months through May, PCE inflation increased 2.3% after climbing 2.2% in April. Stripping out the volatile food and energy components, the PCE Price Index increased 0.2% last month. That ...

The personal consumption expenditures price index, or PCE, inched higher in May, the latest sign that inflation remains stubbornly above the Federal Reserve's 2% annual target. Prices rose 2.3% in May ...

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

The dollar plummeted amid fresh reports that President Trump is moving to dismiss Fed Chair Powell.

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

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

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.

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

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.

New federal data showed that inflation edged up in May, but U.S. prices show only modest impact from U.S. tariffs.