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 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.

The Bureau of Economic Analysis said Friday that personal consumption expenditures rose 2.6% in December, in line with expectations. Core PCE, omitting food and energy, was 2.8%.

The personal consumption expenditures (PCE) price index rose 0.3% last month after an unrevised 0.1% gain in November, the Commerce Department said on Friday. Economists polled by Reuters had forecast ...

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

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

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 ...