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.

There's little prospect of the Federal Reserve changing its 2% inflation target right now. But the composition of the Fed's ...

Federal Reserve Bank of Kansas City President Jeff Schmid signaled the US central bank may not need to lower interest rates ...

Personal consumption expenditures inflation rose 2.7% in August over the past 12 months, according to data released Friday.

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.