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 ...

The Personal Consumption Expenditure index shows prices are up by 2.6% annually. The Federal Reserve is seeing positive economic indicators despite erratic inflation. Just two days after the Federal ...

Inflation readings are still above the central bank's 2% target. Trump criticized Powell and the Fed later on Wednesday, saying in a Truth Social post that the central bank "failed to stop the ...

Tom Elliott has given his instant reaction to the latest inflation figures, with inflation slowing to 2.4 per cent for the year to December. The 3AW Mornings host thinks Prime Minister Anthony ...

Headline inflation rose 0.2 per cent in the December quarter, ABS figures show, while annual inflation slowed to 2.4 per cent. Underlying inflation also cooled more than most economists had forecast.