Asset prices, meanwhile, have shrugged off all indication that the Fed’s inflation battle is moving in the wrong direction.
The core PCE inflation measure is half of its 2022 peak, but it’s higher than it ever was from 1994 to 2020 as price ...
The Commerce Department released data showing that PCE inflation ticked higher in October, though the Federal Reserve's ...
U.S. consumer spending increased slightly more than expected in October, suggesting the economy retained much of its solid ...
The Federal Reserve’s preferred inflation measure remained above the central bank’s 2% target pace in the year through ...
Inflation has been stubborn in recent months. Now, President-elect Donald J. Trump’s tariffs loom as a potential risk.
Gold prices edged lower on Thursday as the U.S. dollar strengthened, while investors assessed a flurry of economic data ...