The inflation gauge the Federal Reserve relies on most to decide whether to raise or lower U.S. interest rates is likely to ...

The report on wholesale inflation came a day after the Labor Department reported that consumer prices last month rose 2.7% ...

Higher inflation from tariffs is still expected to flow through the U.S. economy, but Wall Street investors aren’t expecting the price increases to show up this week.

CPI inflation rose faster than expected, aligning with forecasts for higher inflation in the coming months. Check out what ...

The dollar wavered as unchanged producer prices in June relieved some of the hawkish pressure on the Fed fueled by yesterday’s CPI report.

CNBC on-air editor Rick Santelli revealed on Wednesday that inflationary wholesale prices came in “better than expected” in June. Santelli told his viewers on “Squawk Box” that the latest wholesale ...

Rising prices across an array of goods from coffee to audio equipment to home furnishings pulled inflation higher in June in ...

PCE inflation, which is watched closely by the Federal Reserve, picked up in March while a core measure stayed high. $3,500 iPhone possible? What to know 📋 How to talk money 🤑 💸 to your 📩 ...

Typically, the PCE index shows a lower inflation level than CPI. In part, that's because rents, which have soared, carry twice the weight in the CPI that they do in the PCE.

May PCE Inflation Report Highlights. The PCE Price Index held steady in May, in line with the FactSet consensus forecast and following an increase of 0.3% in April.

What is PCE inflation? Earlier this month, the Labor Department said another inflation gauge, the consumer price index, declined to 4% in May from 4.9% the previous month.

“Core PCE inflation at 0.25% month over month was right in line with what one would expect based on the CPI and PPI data already reported,” says Preston Caldwell, senior US economist at ...