WASHINGTON (AP) — The Federal Reserve’s favored inflation gauge accelerated slightly in August from a year earlier. The ...

The Personal Consumption Expenditures price index — the inflation gauge the Federal Reserve uses for its 2% target rate — rose 0.3% on a monthly basis (versus a 0.2% increase in July), which lifted ...

The biggest takeaway from the full August personal income and outlays report is that consumption growth remains strong, even though income growth is not keeping up with it. It’s unclear if the trend ...

Inflation rose one-tenth of a percentage point to 2.7% for the year ending in August, the Bureau of Labor Statistics reported Friday.

Personal income, which rose $95.7B in August was overtaken by consumer spending, which jumped $129.2B, pushing the saving rate to 4.6% amid steady inflation and higher wages.

Wall Street rises on Friday after the Federal Reserve’s preferred measure of inflation gauge showed results in line with ...

Happy Friday! The market is trying to recover from one of the worst pullbacks since March, with traders eyeing fresh inflation data. 📊 PCE price index climbed 2.7%, matching the worst inflation ...

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

PCE may be the most relevant inflation report when it comes to assessing progress toward the Fed's 2% target, but it is not ...

The Personal Consumption Expenditures (PCE) Price Index, which measures the value of goods and services, increased 2.7% ...