Spending fell 0.2% for the month. Adjusted for inflation, it sank 0.5%. Those are the biggest monthly declines since February 2021.

Inflation decelerated but people are spending less and saving more as prices keep rising and wage growth slows. It’s worrying ...

A large majority of Americans say their incomes aren't keeping pace with inflation. Here's what the numbers say.

The "generally benign" composition of Friday's January personal consumption expenditures inflation data — though not as soft as some had hoped — "flags two distinct paths to a rate cut by June as well ...

Most analysts are staying on the sidelines. Of the 18 analysts covering WBA tracked by S&P Global Market Intelligence, four ...

WASHINGTON (NEXSTAR) — A new report out from the Commerce Department shows inflation cooled off slightly last month. The ...

Inflation dropped slightly in January but consumer spending, the primary driver of the U.S. economy, also saw its biggest decline in four years.

The central bank’s preferred inflation measure, released on Friday, climbed 2.5 percent in January from a year earlier, ...

The latest inflation and spending data from Friday’s personal consumption expenditures report point to “a worrisome monetary policy conundrum” for the Federal Reserve, according to Olu Sonola, the ...

The Fed is well known to view core PCE as its inflation indicator of choice. However, wealth managers have their own ...

Inflation rose 2.5% over the year in January compared to 2.6% in December, marking the first decrease in four months.

The Federal Reserve's preferred gauge of inflation marked its first decline in four months Friday. Markets and economists are ...