Inflation has been top of mind in recent years. Most of Wall Street follows the CPI but the Fed favors the PCE. Here's why.

The reading likely will reinforce policymakers’ cautious stance on rate cuts.

The Commerce Department's delayed November PCE inflation report showed that inflation remained well above the Federal Reserve's 2% target rate.

The Fed’s preferred inflation gauge, the core PCE price index, rose 2.8% year-over-year in September. The headline index was up 2.8% year-over-year, the highest level since April 2024. The Fed will ...

The Fed’s preferred inflation gauge, the core PCE price index, rose 2.8% year-over-year in November. The headline index was up 2.8% year-over-year, up from 2.7% in October and in line with the ...

Powell sees tariff-driven inflation fading. Goldman expects two cuts later in 2026 if core PCE cools toward target.

Ty Roush is a breaking news reporter based in New York City. Spending slowed down for a second-straight month in September as inflation improved slightly, according to federal data released Friday, ...

The main reason political pressure on the Federal Reserve has not caused markets to price in deeper interest rate cuts is ...

Thank you, Mr. Secretary. I appreciate the opportunity to speak here today.1 When I offered my assessment of policy in my first speech as a Federal Reserve Governor in September, I assumed inflation ...

Fed chief Jerome Powell said the central bank's economists predict the PCE index will show a 2.9% increase in the 12 months ...

Alternative Inflation Data Signals Sharp Cooling For US CPI. Alternative inflation gauges are signaling a sharp cooling in US ...