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

Kenya's inflation rate has risen to 3.3% in January 2025, driven by a notable increase in the prices of staple foods, ...

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 ...

U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, ...

Consumer spending growth accelerated at the end of 2024, while the Federal Reserve's preferred inflation metric held steady at the annual level, government data showed Friday. Personal consumption ...

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

The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.

The Commerce Department released a closely watched report on Friday showing consumer prices in the U.S. increased in line with ...

U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting interest rates for some time this year. The personal consumption expenditures ...