The reading likely will reinforce policymakers’ cautious stance on rate cuts.

The Commerce Department's delayed November PCE inflation report showed that inflation remained well above the Federal Reserve's 2% target rate.

Fed chief Jerome Powell said the central bank's economists predict the PCE index will show a 2.9% increase in the 12 months ...

Inflation stayed above the Federal Reserve's 2% goal in October and November, according to data released by the Bureau of Economic Analysis on Thursday. The core PCE price index increased 0.2% M/M in ...

Inflation rose one-tenth of a percentage point to 2.8% for the year ending in November 2025, the Bureau of Labor Statistics reported Thursday in an update to the personal consumption expenditures ...

The Fed’s preferred inflation gauge, the core PCE price index, rose 2.8% year-over-year in September. The headline index was up 2.8% year-over-year, the highest level since April 2024. The Fed will ...

The main reason political pressure on the Federal Reserve has not caused markets to price in deeper interest rate cuts is ...

Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...

The latest PCE report is due Friday. (kena betancur / AFP via Getty Images) A key inflation report out Friday could help make, or complicate, the case for lower interest rates. The Federal Reserve is ...

Ty Roush is a breaking news reporter based in New York City. Spending slowed down for a second-straight month in September as inflation improved slightly, according to federal data released Friday, ...

Federal Reserve expected to hold interest rates steady at 3.5%-3.75% range as FOMC navigates inflation concerns and softening ...