An inflation gauge closely watched by the Federal Reserve rose slightly last month, while some underlying prices pressures showed signs of easing. The latest inflation figures arrive as President ...

The US Federal Reserve's preferred inflation measure accelerated for a third month in a row in December, according to ...

U.S. inflation increased by the most in eight months in December amid a surge in consumer spending, suggesting the Federal ...

The Federal Reserve's key inflation rate is still elevated but kept up its two-month streak of good readings. S&P 500 futures ...

The numbers: Wages and benefits for American workers continued to decelerate in the fourth quarter, the Labor Department said Friday. The employment cost index rose at a 3.8% clip in the 12 months ...

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