WASHINGTON (AP) — A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Fed’s reluctance to cut interest rates anytime soon and ...

Inflation cooled in January, according to Personal Consumption Expenditures, the Federal Reserve's preferred measure of inflation. Inflation rose 2.5% over the year in January compared to 2.6% in ...

Inflation in April remained at the same stubbornly high level as in March. That means costs continued to rise too fast for consumers, and the Federal Reserve has more work to do in its fight against ...

The softer-than-expected increase in wholesale prices in March has spurred some Wall Street analysts to chop their personal-consumption expenditures (PCE) inflation forecasts. And that could be big ...

Core personal consumption expenditures prices increased 0.2% in July and 2.6% from a year ago. The 12-month figure was slightly softer than the 2.7% estimate. All-item inflation came in respectively ...

The Federal Reserve’s preferred inflation gauge cooled off last month, and consumers reined in some spending as the economy slows, according to data released Friday by the Commerce Department. The ...

Minneapolis (CNN) — Another key economic report further propped up the idea that a soft landing is not only possible, but also in motion: The Federal Reserve’s preferred inflation gauge continued its ...