Like inflation, the value meal is hanging around. In addition to McDonald's and its McValue menu, Subway, Sonic and others ...

U.S. labor cost growth cooled in the fourth quarter from a year earlier, reassuring Federal Reserve policymakers wage pressures are gradually diminishing and no longer a key driver of inflation.

U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting ...

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

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

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 Fed’s prognosis is for a slower pace of monetary easing moving forward, as the economy is doing well and prices are only slowly returning to target in an environment of great uncertainty,” said ...

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, ...

The Bureau of Economic Analysis said Friday that personal consumption expenditures rose 2.6% in December, in line with expectations. Core PCE, omitting food and energy, was 2.8%.

The Federal Reserve’s preferred inflation gauge moved even higher in December, driven largely by rising energy prices as well ...