The Fed’s preferred inflation gauge, the core PCE price index, rose 2.9% year-over-year in August, the highest level since February. On a monthly basis, the core index was up 0.2%, as expected. The ...

Core PCE inflation, a gauge the Federal Reserve closely monitors, is expected to be little changed in July, when the Commerce Department’s Bureau of Economic Analysis releases its Personal Income and ...

The Federal Reserve's preferred inflation gauge showed that consumer prices remained elevated in September, ahead of the central bank's policy meeting next week. The Commerce Department on Friday ...

The Federal Reserve’s favored inflation gauge accelerated slightly in August from a year earlier. The Commerce Department reported Friday that its personal consumption expenditures (PCE) price index ...

And if 2026 forecasts are correct, we may have to keep waiting.

Friday's inflation data could soothe some worries about price growth. In September, the Fed's preferred inflation metric slowed down on an annual basis for the first time since April, BEA data showed ...

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, ...

Wall Street is on alert as the August personal consumption expenditures price index is set for release on Friday, a key update that could steer interest rate expectations into the fall. The report, ...

The Federal Reserve's preferred inflation gauge showed that inflationary pressures remained elevated in August, as policymakers seek to balance the need to restore price stability against a weakening ...