Key Fed measure shows core inflation at 2.8%, in line with expectations
The personal consumption expenditures price index for December was expected to show a 2.6% increase on an annual basis ...
US labor costs rise moderately in fourth quarter
U.S. labor costs rose marginally in the fourth quarter, offering some comfort to Federal Reserve officials after progress lowering inflation stalled at the end of 2024. The employment cost index (ECI) ...
U.S. inflation ticked higher last month, in latest sign of persistent price pressures
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...