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 ...

Inflation in the US climbed in December, with consumer spending accelerating, potentially delaying Federal Reserve interest ...

The Bureau of Economic Analysis said Friday that personal consumption expenditures rose 2.6% in December, in line with ...

Americans are not as confident of the economy as they were a few months back. Markets have been volatile from the beginning of this year as inflation has been showing signs of climbing again, ...