Fed’s preferred inflation gauge comes in
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Core PCE prices accelerated to a 3% annual increase in December, hitting their highest level since February in a clear sign that inflation is staying stubbornly above the Fed's target of a 2% annual rate.
Just when we thought it was safe to return to the supermarket aisle, it seems inflation has come back to bite us again. Worse, the Reserve Bank of Australia (RBA) predicts it will linger for longer than previously expected,
The consumer price index was unchanged in December, and the inflation rate for some consumer staples like food and electricity remains elevated.
Discover how the Consumer Price Index compares with the Producer Price Index and GDP deflator in measuring inflation, ensuring your financial decisions are well-informed.
Will the decline in inflation help lower mortgage interest rates? Here's what borrowers need to consider right now.
The Labor Department on Friday released the January 2026 consumer price index (CPI), which showed that inflation remained elevated above the Federal Reserve's target.
The 2024 series for calculation of Consumer Price Index (CPI) based inflation has lowered the weightage of food items to 36.8%, compared with 46% earlier. And since the food prices are largely benign, headline inflation rate may rise under the new series.