Overall prices were up but core inflation held steady as consumers spent more, saved less and pushed more debt to credit cards.

U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, ...

Consumers keep spending, while inflation edges higher.Personal consumption expenditures (PCE) grew by a strong 0.7 percent in December, easily ...

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

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

“The Fed’s prognosis is for a slower pace of monetary easing moving forward, as the economy is doing well and prices are only slowly returning to target in an environment of great uncertainty,” said ...

U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting ...

The Federal Reserve's preferred measure of inflation picked up in December, pushing the central bank's goal of a 2% annual rate farther into the distance.

This story has been updated with additional details. The Federal Reserve’s preferred inflation measure surged as predicted ...

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

The Federal Reserve's preferred inflation gauge, known as the personal consumption expenditures index, rose in December in ...