The Federal Reserve’s preferred metric to gauge inflation increased by 0.3% in August, compared to 0.2% in the previous month ...

The Fed’s preferred inflation gauge meets expectations and Treasury yields keep declining. August’s 12-month PCE price index ...

The PCE price index was up 2.7% in August year-over-year, according to a Commerce Department report released Friday — above the Fed’s 2% target. This is a breaking news story and will be updated.

The Fed is expected to get a breather after months of inflation pressure, as its preferred inflation gauge likely slowed down ...

U.S. stocks traded higher this morning, with the Dow Jones index gaining more than 250 points on Friday. The Dow traded up ...

A report on Friday is forecast to show the personal consumption expenditures price index excluding food and energy rose 0.2% ...

WASHINGTON (AP) — The Federal Reserve’s preferred inflation gauge mostly held steady last month despite President Donald Trump’s broad-based tariffs, but a measure of underlying inflation increased.

WASHINGTON -- The Federal Reserve's preferred inflation gauge mostly held steady last month despite President Donald Trump's broad-based tariffs, but a measure of underlying inflation increased.

WASHINGTON — The Federal Reserve’s preferred inflation gauge mostly held steady last month despite President Donald Trump’s broad-based tariffs, but a measure of underlying inflation increased. Prices ...