Investors will focus on U.S. inflation data for June as they look to judge whether the Federal Reserve is likely to cut ...

The personal consumption expenditures price index rose 0.1% for the month, pushing the annual inflation rate to 2.3%, according to the Bureau of Economic Analysis.

The Federal Reserve’s preferred inflation gauge likely remained on a cooler path in May, reinforcing the growing case for interest rate cuts sooner rather than later.

The price spikes that were expected to accompany President Donald Trump’s head-spinning tariff regime have not arrived.

The Federal Reserve's targeted inflation measure ticked slightly higher in May, but the numbers didn't show a big tariff-related upswing. Prices rose by 2.3% over the 12 months through May, according ...

A rally that has taken U.S. stocks to record highs will be tested in the coming week by the kick-off of corporate earnings ...

An inflation measure that's closely watched by the Federal Reserve slowed in May due to falling energy prices. But an underlying gauge of price gains stayed elevated. Consumer prices broadly ...

Powell said the Federal Reserve committee "remains confident" that inflation eventually will reach 2% but will wait until it sees economic data "that gives us the confidence that inflation is ...

“That is some seriously good news,” Julia Coronado, a former Federal Reserve economist who is president of the advisory firm MacroPolicy Perspectives, wrote on Twitter.

The Federal Reserve’s preferred inflation gauge, the Personal Consumption Expenditures index, climbed 4.4 percent in April, a slight increase from March.

Jerome Powell, the Federal Reserve chair, is set to testify before Congress on Tuesday and Wednesday, and the Fed’s preferred inflation gauge is due later in the week. Nike and FedEx are among ...

A measure of inflation that the Federal Reserve watches most closely is showing signs of moderation, ... and 0.4 percent after adjusting for inflation, Thursday’s data showed.