The latest reading of the Federal Reserve's preferred inflation gauge showed price increases accelerated in June as inflation remained above the Fed's 2% target. The "core" Personal Consumption ...

The Fed's primary inflation rate, the core PCE price index, is expected to rise 0.3% on the month, according to the Econoday consensus. That would leave the 12-month core inflation rate at 2.7%.

Lavorgna’s comments underscore how a debate over inflation is once again turning on the question of whether any price rise from Trump's tariffs would be fleeting or not. It's an echo of what ...

Inflation in the Federal Reserve’s preferred measurement ticked up to a 2.6 percent annual increase in June from 2.3 percent as cost increases from President Trump’s tariffs make their way ...

Going forward, the Fed stated that as it assesses the appropriate stance of monetary policy, it will continue to “monitor the implications of incoming information for the economic outlook, including ...

Inflation picked up in June, as measured by the Federal Reserve's preferred gauge, reflecting the continued price pressures that make the central bank [cautious about cutting interest rates ...

The Federal Reserve's preferred inflation gauge showed that prices increased slightly in June, as policymakers continue to monitor data for signs of tariff-induced inflation.

Inflation is about half a percentage point above the Fed's 2% target and has shown signs of increasing as prices of some heavily imported goods begin to rise, a process Powell said is expected to ...

Overall, an underlying inflation measure the Fed follows closely ticked up from 2.8% to 2.9%, and many economists said the tariff effects were still mild.

The Fed chair, who Mr. Trump nominated to head the central bank in 2017, has also suggested he wants to keep its powder dry in case the Trump administration's steep new tariffs cause inflation to ...

People still credibly believe that when the Fed says we're going to get inflation back to 2%, and you go look at what the market thinks the inflation rate will be in 10 years is basically 2%.

Fed officials now predict the central bank's benchmark interest rate to rise to 0.9% in 2022, up from the 0.3% expectation from September, ...