WASHINGTON (AP) — A key inflation gauge moved higher in May in the latest sign that prices remain stubbornly elevated while Americans cut back on their spending. Prices rose 2.3% in May compared ...

The Federal Reserve’s favored inflation gauge slowed sharply last month, an encouraging sign in the Fed’s yearlong effort to cool price pressures through steadily higher interest rates. Friday’s ...

Over the prior year, core prices rose 2.8%, matching the increase seen in October and also lower than Wall Street's expectations of a 2.9% rise. On a yearly basis, overall PCE increased 2.4%, a ...

Key Gauges of US Economy Advanced at Healthy Clip to End 2023 The government’s two main measures of US economic activity posted strong advances at the end of last year, pointing to an economy that’s ...

A key inflation gauge moved higher in May in the latest sign that prices remain stubbornly elevated while Americans cut back on their spending. Prices rose 2.3% in May compared with a year ago, up ...

A key inflation gauge moved higher in May in the latest sign that prices remain stubbornly elevated while Americans cut back on their spending. Prices rose 2.3% in May compared with a year ago, up ...