The bad news from Friday's PCE index for August was that core inflation remained stuck near a 3% annual pace, according to ...

The Federal Reserve's preferred inflation measure stayed stubbornly above the central bank's 2% target last month, a ...

Gold gained on Friday after U.S. inflation data came in line with expectations, reinforcing bets that the Federal Reserve may ...

Richmond Federal Reserve President Thomas Barkin said Friday he sees limited risks of a big rise in either unemployment or ...

The Federal Reserve’s favored inflation gauge accelerated slightly in August from a year earlier. The Commerce Department ...

Despite the unexpected growth shown in GDP, caution signs remain in the U.S. economy. Unemployment claims overall are low, ...

A group of former top economic officials filed an amicus brief with the Supreme Court, which is considering whether Trump can ...

The Fed has explicitly tied its 2% inflation target to PCE, making each release a key driver of interest rate expectations.

A fresh reading from the Federal Reserve's preferred inflation gauge showed prices are still sticky, but the report isn’t likely to take the central bank off its course for more rate cuts in 2025.

Excluding volatile food and energy prices, so-called core PCE inflation showed a 2.9% increase in prices from August 2024, ...

U.S. economic data keeps coming back stronger than expected, and frankly it's raining on the parade for markets.

Markets eye Friday’s PCE report as inflation surprise risk grows. Traders reassess Fed rate cut bets after strong U.S. jobs ...