While the consumer price index is more commonly known, the Fed relies heavily on the PCE for deciding its stance on monetary ...

Spain's European Union-harmonised 12-month inflation rate inched up in June to 2.2%, pushed higher by fuel and food and ...

NEW YORK (Reuters) -Federal Reserve Bank of Richmond President Thomas Barkin said on Thursday tariffs are very likely to push ...

The Fed considers the metric a better long-term measurement because of how frequently food and energy prices can ...

At the same time, Americans cut back on spending for the first time since January, as overall spending fell 0.1%. Incomes ...

New federal data showed that inflation edged up in May, but U.S. prices show only modest impact from U.S. tariffs.

US stocks jump on trade deals, tame May inflation, and better consumer vibes. S&P 500, Nasdaq hit record highs despite the ...

Morgan Stanley analysts predict that, despite recent dovish comments from officials, the Fed is unlikely to cut interest ...

U.S. business activity slowed marginally in June, though prices increased further amid President Donald Trump's aggressive ...

The US Federal Reserve's preferred inflation measure logged a mild uptick Friday while spending weakened, triggering another ...

Federal Reserve Chair Jerome Powell testified on Capitol Hill Wednesday about the state of the U.S. economy. CBS News senior ...

Two industry reports are shining a light on the cost of a July 4 th barbecue. The economists at Wells Fargo calculate an ...