The Personal Consumption Expenditures, the Federal Reserve's preferred inflation gauge, ticked higher in June.

Federal Reserve Chair Jerome Powell answers questions after the Fed’s decision to leave the Federal Funds Rate unchanged in ...

Thursday's release of June PCE data comes just one day after the Federal Reserve opted to hold interest rates steady at its ...

President Donald Trump’s so-called “Liberation Day” tariffs are scheduled to take effect Aug. 1, following the expiration of ...

The central bank is expected to keep its target rate at a range of 4.25% to 4.50%, but traders want to see whether any Fed ...

Critics of President Trump's tariff policies have been waiting for the import taxes to raise the inflation rate. That effect ...

With all the crosscurrents, the responsible solution is for policymakers to wait for more evidence, and that’s exactly what ...

In recent months, critics of President Donald Trump’s tariff campaign have braced for an unwelcome rise in the inflation rate ...

As President Trump unleashes his tariff blitz on the global trade market, reports show inflation is rising and that job gains weakened last month. NBC News White House Correspondent Monica Alba, NBC ...

Excluding the volatile food and energy categories, core inflation increased 2.9% in June from a year earlier, up from 2.8% in May. On a monthly basis, it picked up 0.2% from May to June. Economists ...

Tariff revenues surged dramatically, yet so far, there’s been minimal impact on CPI or core goods inflation. Click here for more information on the US Economy.

Federal Reserve governor Adriana Kugler said the Fed should hold interest rates steady for a while to come, because new trade barriers are likely to spark more inflation in the months ahead. Speaking ...