PCE data lifts Treasury yields and the dollar as the Fed's preferred inflation gauge meets expectations. The price index rises 2.6% in December from a year before, up from 2.4% in the 12 months ...

Apple stock rises after the tech giant posts better-than-expected earnings and guides for solid growth, while Intel’s ...

The personal consumption expenditures price index for December was expected to show a 2.6% increase on an annual basis ...

Whisper it, but maybe life’s not so bad for many of the world's central bankers right now. But James Smith, ever the optimist, reckons that’s not going to last long. From tariffs to tech tantrums, ...

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

Traders on Friday kept bets that the Federal Reserve will wait until June to resume interest rate cuts, after government data ...

Stock futures held onto earlier gains after the Federal Reserve’s preferred inflation gauge matched expectations. Dow futures were up 0.3%. S&P 500 futures were up 0.4%. Nasdaq 100 futures were up 0.7 ...

The PCE Price Index year over year rose 2.6% in December, in line with forecasts and following an increase of 2.4% in ...

U.S. stock futures held on to their early gains following the latest reading from the Federal Reserve's preferred inflation gauge. Compared with the previous month, the PCE Price Index for December ...

The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.

The latest reading on the Fed's preferred inflation gauge comes just two days after the central bank paused its interest rate cutting cycle.