The core PCE price index has risen 3.1% in the past year. The Iran conflict will push it even higher.
Inflation held steady in February as the headline figure for the Consumer Price Index remained at 2.4% year-over-year.
The worst U.S. inflation outbreak in a generation turns five years old this month, a defining economic shock that is still driving policy debates.
A methodological change contributed to a better-than-expected inflation report, prompting questions from some economists.
The latest PCE inflation data shows persistent price pressures as core inflation continues to run above the Federal Reserve's ...
The consumer price index eased in January but inflation was still elevated for many consumer necessities, economists said.
The inflation data captures the period before the Iran war broke out. Since then, oil prices have surged, driving inflation ...
The ongoing conflict involving the United States, Israel and Iran has driven a sharp surge in crude oil prices in recent ...
The Commerce Department on Friday released the January 2026 PCE inflation report, which showed the Federal Reserve's preferred inflation gauge remained stubbornly high for consumers.
The Labor Department released the February 2026 consumer price index (CPI), which showed that inflation remained elevated ...
By Howard Schneider WASHINGTON, March 17 (Reuters) - The worst U.S. inflation outbreak in a generation turns five years old this month, a defining economic shock that is still driving policy debates, ...
The consumer price index was rose 2.4% in February 2026, above policymakers' target, economists said. War in Iran complicates the picture.