The reading likely will reinforce policymakers’ cautious stance on rate cuts.

The Fed’s preferred inflation gauge, the core PCE price index, rose 2.8% year-over-year in November. The headline index was up 2.8% year-over-year, up from 2.7% in October and in line with the ...

The Fed’s preferred inflation gauge, the core PCE price index, rose 2.8% year-over-year in September. The headline index was up 2.8% year-over-year, the highest level since April 2024. The Fed will ...

Powell sees tariff-driven inflation fading. Goldman expects two cuts later in 2026 if core PCE cools toward target.

Inflation rose one-tenth of a percentage point to 2.8% for the year ending in November 2025, the Bureau of Labor Statistics reported Thursday in an update to the personal consumption expenditures ...

The main reason political pressure on the Federal Reserve has not caused markets to price in deeper interest rate cuts is ...

Ty Roush is a breaking news reporter based in New York City. Spending slowed down for a second-straight month in September as inflation improved slightly, according to federal data released Friday, ...

Fed chief Jerome Powell said the central bank's economists predict the PCE index will show a 2.9% increase in the 12 months ...

Federal Reserve expected to hold interest rates steady at 3.5%-3.75% range as FOMC navigates inflation concerns and softening job market in first 2026 meeting.

Thank you, Mr. Secretary. I appreciate the opportunity to speak here today.1 When I offered my assessment of policy in my first speech as a Federal Reserve Governor in September, I assumed inflation ...