Friday’s report from the Commerce Department showed that consumer ... Underlying trends point to lower inflation ahead.

The US Federal Reserve's preferred inflation measure accelerated for a third month in a row in December, according to ...

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 ...

The numbers: Wages and benefits for American workers continued to decelerate in the fourth quarter, the Labor Department said Friday. The employment cost index rose at a 3.8% clip in the 12 months ...

Federal Reserve governor Michelle Bowman said that she would prefer only gradual future easing of the central bank’s interest ...

An inflation gauge closely watched by the Fed rose slightly in December, the latest sign that some consumer prices remain ...

The Bureau of Economic Analysis said Friday that personal consumption expenditures rose 2.6% in December, in line with ...

The personal consumption expenditures (PCE) price index rose 0.3% last month after an unrevised 0.1% gain in November, the Commerce Department said on Friday. Economists polled by Reuters had forecast ...

Initial filings for unemployment benefits in California dropped the week of Ja. 19 compared with the week prior, the U.S. Department of Labor said Thursday. New jobless claims, a proxy for layoffs, ...

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