US President Donald Trump is getting his wish that interest rates drop across the world, just not at home, where a strong economy and uncertainty over his own policies have set the stage for the ...

December’s PCE report on Friday suggests that inflation finished 2024 above the Federal Reserve's 2% target, but it didn't spiral out of control, which is "the ideal outcome" from a stock investor’s ...

The price gauge used by the Federal Reserve to help set U.S. interest rates accelerated in December, pushing the bank further ...

The Federal Reserve’s preferred inflation gauge moved even higher in December, driven largely by rising energy prices as well ...

The Federal Reserve’s preferred inflation measure accelerated slightly in December, as price growth remains stubbornly above ...

An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...

Stock futures held onto earlier gains after the Federal Reserve’s preferred inflation gauge matched expectations. Dow futures were up 0.3%. S&P 500 futures were up 0.4%. Nasdaq 100 futures were up 0.7 ...

The PCE Price Index year over year rose 2.6% in December, in line with forecasts and following an increase of 2.4% in ...

Consumer spending, which accounts for more than two-thirds of U.S. economic activity, jumped 0.7% in December after an ...

The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.

The latest reading on the Fed's preferred inflation gauge comes just two days after the central bank paused its interest rate cutting cycle.