U.S. 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 ...

The Commerce Department released a closely watched report on Friday showing consumer prices in the U.S. increased in line with ...

This story has been updated with additional details. The Federal Reserve’s preferred inflation measure surged as predicted ...

The accompanying policy statement did not include the reference to inflation having made progress toward the Fed's 2% target. No rate cut is expected before June ...

The Bureau of Economic Analysis said Friday that personal consumption expenditures rose 2.6% in December, in line with ...

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

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

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

Asia markets are mostly higher following gains on Wall Street driven by Tesla, IBM and Meta Platforms after strong profit reports ...

Bank of Ireland has revised its GDP forecast for the Irish economy this year to 4.3%, on the back of stronger data in the ...