The Federal Reserve prefers to use the PCE price index to measure inflation. This comes into play when the Fed makes monetary policy decisions, such as whether to raise the fed rate. Taryn Phaneuf ...

The inflation rate last month was slightly lower than forecast by economists, although price increases are still higher than ...

Economists are bracing for intensifying price pressures and slower growth, posing a challenge for the Federal Reserve.

U.S. producer prices remained flat in February, with core inflation showing a rare decline. This eases concerns over trade tariffs and may lead to Fed rate cuts later this year.