The key inflation metric climbed in March as soaring oil prices spilled over into the economy.
Economists are saying a rate cut isn’t likely in the next few months. It could make inflation even worse. It’s time to brace ...
Consumers faced escalating prices in March as the Iran war sent oil soaring and created a new level of challenges for the Fed ...
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 ...
Various inflation measures conceal more than they reveal, largely because they exclude measuring a large portion of ...
The personal consumption expenditures index report by the Bureau of Labor Statistics was released on Thursday morning.
The personal consumption expenditures index increased by 3.5% on an annual basis in March, the highest rate of inflation since 2023, the BEA reports.
Kevin Warsh, President Trump's nominee to lead the Federal Reserve, told lawmakers this week that inflation should be viewed ...
The Federal Reserve’s preferred inflation gauge, the core PCE price index, climbed 3.2% year-over-year in March. This marks the highest level since November 2023 and confirms a steady pickup from ...
The latest PCE inflation data was released by the Commerce Department which showed that inflation rose and remained elevated in March due in part to the Iran war's impact.
Core inflation is an inflationary measure that leaves out energy and food, focusing only on items that have fairly ...