Inflation rose two-tenths of a percentage point to 2.6% for the year ending in December, the Bureau of Labor Statistics reported Friday in an update to the personal consumption expenditures index, the ...

The Federal Reserve's preferred measure of inflation picked up in December, pushing the central bank's goal of a 2% annual rate farther into the distance.

The personal consumption expenditures (PCE) price index rose 0.3% last month after an unrevised 0.1% gain in November, the Commerce Department said on Friday. Economists polled by Reuters had forecast ...

One of the most consequential takeaways from the latest PCE report showed that core inflation, which excludes volatile food and energy prices, was stable in December. An earlier reading from the CPI ...

The consumer price index (CPI) rose at an annual rate of 2.9% in December, and while the current inflation rate in the U.S.

Annual inflation in Germany softened unexpectedly in January. EUR/USD continues to trade in a tight range at around 1.0400. Inflation in Germany, as measured by the change in the Consumer Price Index ...

S&P 500 E-Mini futures (ESH25) are up +0.46%, andMarch Nasdaq 100 E-Mini futures (NQH25) are up +0.73% this morning as solid earnings from Apple and Intel buoyed sentiment, while investors geared up ...

EUR/USD shifted lower for a fourth consecutive trading day on Thursday, peaking near 1.0450 before softening to shed ...

Long Island economy will depend on how uncertainties unfold. Foremost are the fiscal policies enacted by President Trump and the monetary policies of the federal reserve.

With inflation accelerating again, and the labor market on reasonably solid footing, the Fed pivoted back to wait-and-see. Read more here.

After a two-day meeting of its monetary policy committee in Washington, the Fed announced it would hold its rate target at 4.25% to 4.50%.

The Federal Reserve left interest rates unchanged on January 29, and an interest rate cut is unlikely when the Fed issues its ...