Index, which is the Federal Reserve’s preferred gauge of inflation, advanced 3.5% in March on an annualized basis. The Commerce Department data showed that core PCE, which excludes food and energy, ...

The full effect of tariffs is not expected to show up in May PCE inflation, with the bulk of the price increases coming later this year. The report is expected to show a 2.3% rise year over year.

The Federal Reserve's preferred inflation gauge showed that prices increased slightly in June as the central bank continues to monitor for signs of tariff-induced inflation impacting consumers. The ...

Consumers faced escalating prices in March as the Iran war sent oil soaring and created a new level of challenges for the Fed ...

The July Personal Consumption Expenditures Price Index increased in line with expectations, up 2.6% from year-ago levels. When volatile food and energy costs are factored out, the Federal Reserve’s ...

Goldman Sachs just sent a sobering warning to the Federal Reserve. After analyzing a "noisy" January CPI report, the firm’s economists, led by Jan Hatzius, officially reset their forecast for the ...

Markets never really broke into positive territory today, coming off mixed performances from Europe and Asia early in the day. We’ve also sort of run out of near-term catalysts for a refreshment to ...

Wall Street and the Federal Reserve are focused on the August Personal Consumption Expenditures Price Index, the central bank’s preferred inflation gauge. The Sept. 26 report lands just days after the ...