Inflation was unexpectedly cool in November, as measured by Personal Consumption Expenditures (PCE), the measure preferred by Federal Reserve policymakers. The yearly inflation rate ticked to 2.4% ...

Specialized inflation metrics, like the Cleveland Fed’s trimmed mean and median inflation measures, indicate that progress is slow. Both metrics are still above 3%.

A measure of underlying U.S. inflation remained firm in October, underscoring the ongoing risks Federal Reserve officials face in trying to bring price pressures fully under control. The so-called ...

The Federal Reserve's preferred measure of inflation likely stayed too hot for comfort in October, though possibly not hot enough to derail the central bank's expected move to cut interest rates ...

According to the Fed’s preferred measure, inflation fell to 2.5% last month, far below its peak of 7.1% two years ago and only slightly above the central bank’s 2% target level.

Trump ratcheted up his pressure campaign this week, calling on Fed Governor Lisa Cook to resign after a Trump administration ...

Pensioners are really impacted by higher inflation because it means inflation reduces potential growth of any funds.

Excluding volatile food and energy prices, so-called core inflation rose 0.1% from April to May, the smallest increase since the spring of 2020, when the pandemic erupted and shut down the economy.

Federal Reserve Chair Jerome Powell said the balance of risks to the labor market and inflation have shifted, signaling a ...

Americans are still opening their wallets, with unemployment remaining low and businesses blunting the effects of President Donald Trump’s widespread tariffs.