Overall prices were up but core inflation held steady as consumers spent more, saved less and pushed more debt to credit cards.
Let's take a trip back to 1925 – a time of rapid economic growth and technological innovations that brought many new consumer goods into the lives of Americans. "The Roaring Twenties symbolized a ...
U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, ...
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...
The Federal Reserve's preferred measure of inflation picked up in December, pushing the central bank's goal of a 2% annual rate farther into the distance.
The Bureau of Economic Analysis said Friday that personal consumption expenditures rose 2.6% in December, in line with expectations. Core PCE, omitting food and energy, was 2.8%.