"On the inflation side right now, I continue to be worried," Cleveland Federal Reserve President Beth Hammack Hammack told ...

Fed Chairman Jerome Powell noted the impact of tariffs has so far remained at the lower end of expectations and could prove ...

Personal consumption expenditures inflation rose 2.7% in August over the past 12 months, according to data released Friday.

By two measures — the inflation rate and the Federal Reserve’s target for "price stability" — the statement is inaccurate.

Economists had expected a slight increase in inflation, but consumer spending came in a little stronger than forecast.

Fed Chair Jerome Powell has said that the economy faces a "challenging situation" as the labor market weakens while inflation ...

Coming up at 9 a.m. on Tuesday, MPR News guest host Catharine Richert and senior economics contributor Chris Farrell talk ...

The Commerce Department released the August PCE inflation data which showed that inflationary pressures remained well above the Fed's 2% target last month as tariffs push prices up.

Fed Chair Jerome Powell has said that the economy faces a "challenging situation" as the labor market weakens while inflation ...

There's little prospect of the Federal Reserve changing its 2% inflation target right now. But the composition of the Fed's ...

The Federal Reserve's preferred inflation measure, the personal-consumption expenditures price index, is due out at 8:30 a.m.

U.S. Federal Reserve Chair Jerome Powell said on Tuesday the central bank needed to continue balancing the competing risks of ...