The PCE price index for January was expected to show headline inflation at 2.9% and core at 3.1%.

WASHINGTON, March 13 (Reuters) - U.S. consumer spending increased slightly more than expected in January, which together with ...

The big news is the core PCE inflation number coming in not quite as bad as ⁠feared. We've had relatively good news on the CPI inflation front in recent months, but core PCE ...

A reading on the Federal Reserve's preferred inflation gauge released Friday for January, before the Iran war, showed inflation remained sticky, reinforcing the case for the central bank to hold ...

Inflation held steady in February as the headline figure for the Consumer Price Index remained at 2.4% year-over-year.

Inflation rose 0.3% in February and stayed at 2.4% year over year, with shelter costs up 0.2% and rents posting the smallest ...

The "core" Consumer Price Index shows inflation is moving toward the Federal Reserve’s 2% goal. Still, Fed officials are likely to remain cautious amid uncertainty around oil price swings emanating ...

The inflation data captures the period before the Iran war broke out. Since then, oil prices have surged, driving inflation ...

The data may reveal less than usual about inflation’s path as it does not account for gas and oil price surges sparked by the Iran war in early March.

Core inflation, which excludes the more volatile costs of food and energy and is considered a better indicator of trends in ...

The U.S. Commerce Department said on Friday its Personal Consumption Expenditures Price Index (PCE) rose largely in line with ...