The PCE price index was projected to rise 0.1% in May, with the annual inflation rate at 2.3%, according to the Dow Jones ...

In 2021, for example, energy inflation, driven by robust economic recovery from the pandemic, constituted almost a third of the total U.S. inflation rate of 4.7 percent.

The Fed’s decision to stand pat, though widely expected, will likely draw a rebuke from Trump, who earlier Wednesday called ...