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.

A spike in energy prices helped to lift the headline PCE price index in December. The combined cost of gasoline, electricity, ...

The core index, one that strips volatile food and energy costs and is used by the Fed in setting interest rates, rose 0.2% in ...

The measure of price increases targeted by the Fed sped up in December, reflecting a stubborn spell of inflation that remains ...

South Africa's producer inflation was at 0.7% year on year in December from -0.1% in November, statistics agency data showed ...

The Fed is in a holding pattern, awaiting more data, with December showing strong consumption but moderate inflation, suggesting disinflationary trends.

Consumers keep spending, while inflation edges higher.Personal consumption expenditures (PCE) grew by a strong 0.7 percent in December, easily ...

The Federal Reserve’s preferred inflation gauge moved even higher in December, driven in part by rising food and energy prices. However, a closely watched measurement of underlying inflation trends ...

An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...

The latest reading on the Fed's preferred inflation gauge comes just two days after the central bank paused its interest rate-cutting cycle.

Inflation rose two-tenths of a percentage point to 2.6% for the year ending in December, the Bureau of Labor Statistics reported Friday in an update to the personal consumption expenditures index, the ...