Back when inflation surged after the COVID pandemic, the New York Fed rolled out a measure of prices that showed that things ...

The Multivariate Core Trend inflation rate for March accelerated to 3.0% YoY, the worst reading since February 2024, ...

The Fed's preferred inflation gauge showed price growth slowed in March, as the personal consumption expenditures (PCE) index ...

The Fed’s rate-setting Federal Open Market Committee will meet May 6-7. Trump has repeatedly demanded the central bank lower ...

Consumer spending, which accounts for more than two-thirds of U.S. economic activity, surged 0.7% in March after an upwardly ...

A car-buying frenzy, stoked by tariff fears, drove US consumer spending in March to its biggest monthly gain in more than two years, new data showed Wednesday.

The Federal Reserve maintained rates but expressed concerns about rising economic uncertainty, higher unemployment, and ...

Last week, we learned that the quarterly PCE price deflator was up 3.7% on an annualized basis. However, monthly PCE prices ...

The US PCE inflation data has come in at 2.3% year on year, in line with expectations, suggesting that the Fed will keep ...

PCE inflation data from March, released on Wednesday, indicates that price pressures and economic activity remained resilient ...

Inflation, measured on a quarterly basis, accelerated as the economy stopped growing during the first three months of the ...

Consumer spending, which accounts for more than two-thirds of U.S. economic activity, surged 0.7% in March after an upwardly ...