Overall prices were up but core inflation held steady as consumers spent more, saved less and pushed more debt to credit cards.

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 ...

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 ...

The Federal Reserve’s preferred inflation gauge moved even higher in December, driven in part by rising food and energy prices. However, a closely watched measurement of underlying inflation trends ...

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%.

US 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 ...

Consumer spending, which accounts for more than two-thirds of U.S. economic activity, jumped 0.7 per cent in December after ...