The Federal Reserve’s new chairman has vowed to deliver price stability, but officials are at odds over whether that will require higher borrowing costs. By Colby Smith and Ben Casselman Colby Smith ...

The Personal Consumption Expenditures index — the Federal Reserve's preferred inflation measure — rose at a 4.1% annual rate in May, highlighting the central bank's challenge in reining in prices. The ...

Inflation has lowered somewhat during President Donald Trump’s second term, but it’s not “plummeting,” as he boasted in his State of the Union speech. And he falsely claimed he inherited “record ...

Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...

The annual rate of PCE inflation is forecast to be 4.1% by FactSet, its highest level since April 2023. Economists expect May to mark this year’s inflation peak, as lower oil prices and easing tariff ...

The core personal consumption expenditures price index showed a 3.4% annual rate after rising 0.3% for the month. The core annual reading was the highest since October 2023. The Fed's primary ...

President Trump’s trade wars have waned. The price of gas is finally falling. But inflation has a new catalyst: America’s massive artificial-intelligence build-out is beginning to push up prices on ...

The Bureau of Economic Analysis released its personal consumption expenditures price index data for September earlier today. Here is the report, at a glance: Core YoY: 2.8% increase, in line with ...

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. The NBA, riding high after a successful Finals, will discuss potential expansion to Seattle ...

UK inflation was unexpectedly steady in May, but experts warn that higher inflation could be on horizon as the UK starts to feel the economic consequences of the Iran war. Most experts had anticipated ...

Current 12-month inflation at 3.5%, above the Fed's 2% target. Core inflation, which excludes food and energy, increased to 2.6% from last year. Energy inflation spiked 15.7%, driven by the Iran ...

By Marleen Kaesebier BASEL, Switzerland, June 18 (Reuters) - Art Basel, the world's biggest art fair, is this year embracing digital art with a new exhibition, betting that the market is set to take ...