Inflation rose two-tenths of a percentage point to 2.6% for the year ending in December, the Bureau of Labor Statistics reported Friday in an update to the personal consumption expenditures index, the ...

WASHINGTON (AP) — An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that ...

Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect ...

Investors are bracing for a looming hit to U.S. corporate profits and pressure on inflation if President Donald Trump makes ...

Plus, why Morningstar believes the Federal Reserve will cut interest rates this year more than the markets predict.

U.S. stocks opened higher on Friday after an earnings report from Apple impressed investors by showing strong growth in the consumer-tech giant's services business. Later, a reading from the Federal ...

Trump said Powell and the Fed "failed to stop the problem they created with inflation" in a post on Truth Social on Wednesday ...

The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.

With the Fed pausing interest rates, prospective borrowers may be contemplating the short-term future of interest rates.

U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting interest rates for some time this year. The personal consumption expenditures ...

Inflation closed out 2024 on a strong note, as a price gauge the Federal Reserve focuses on came in well above the central ...