U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting interest rates for some time this year. The personal consumption expenditures (PCE) price index rose 0.

The Federal Reserve’s preferred inflation gauge moved even higher in December, driven in part by rising food and energy prices. However, a closely watched measurement of underlying inflation trends indicated some progress in the fight to rein in price hikes.

U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting interest rates for some time this year.

The Commerce Department released a closely watched report on Friday showing consumer prices in the U.S. increased in line with

By now, all seniors on Social Security should have gotten their first checks for 2025. With the latest 2.5% cost-of-living adjustment (COLA) in effect, the average benefit has climbed to $1,976 per month. That's about $49 higher than the average in December 2024.

Food prices have been a consistent driver of inflation but prices at the supermarket moderated throughout much of 2024. The Consumer Price Index for food c

New White House Press Secretary Karoline Leavitt urged members of Congress to confirm Trump's nominees to address problems like the U.S. egg shortage and the cost of living crisis.

Core consumer prices in Japan's capital rose 2.5 per cent in January from a year earlier, data showed on Friday, keeping alive market expectations for further interest rate hikes.The increase in the Tokyo core consumer price index (CPI),

The accompanying policy statement did not include the reference to inflation having made progress toward the Fed's 2% target. No rate cut is expected before June

Annual inflation in Germany softened unexpectedly in January. EUR/USD continues to trade in a tight range at around 1.0400. Inflation in Germany, as measured by the change in the Consumer Price Index (CPI),

The Consumer Price Index (CPI) is used as a chief barometer of inflation. But what is it and how is it calculated? CNBC Select explains below and recommends some cards that could help put money ...

LONDON (Reuters) - Investors are snapping up crude oil futures as a hedge against the risk that U.S. President Donald Trump's threatened trade tariffs will cause a resurgence in global inflation, adding momentum to a recent rally in oil prices sparked by a tightening of sanctions on Russia.