U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting ...
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 ...
This story has been updated with additional details. The Federal Reserve’s preferred inflation measure surged as predicted ...
U.S. inflation increased by the most in eight months in December amid a surge in consumer spending, suggesting the Federal ...
Chicago Fed President Austan Goolsbee said he was pleased with Friday's inflation report and added he thought the central bank's benchmark rate "could be a fair bit lower' over the next 12-18 months.