The consumer price index was rose 2.4% in February 2026, above policymakers' target, economists said. War in Iran complicates the picture.
The inflation data captures the period before the Iran war broke out. Since then, oil prices have surged, driving inflation ...
The 25 basis points hike was in line with expectations from analysts polled by Reuters ...
PCE inflation in January was 2.8% year over year. The numbers predate the Iran conflict.
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.
A methodological change contributed to a better-than-expected inflation report, prompting questions from some economists.
Prices rose 2.4% last month. But what comes next, now that the U.S. is fighting a war in Iran, is on everyone’s mind.
Australia’s central bank lifted its benchmark rate to 4.1% in a narrowly split decision, signalling caution on further ...
The PCE price index for January was expected to show headline inflation at 2.9% and core at 3.1%.
When Britain was last hit by a major energy shock after Russia invaded Ukraine in 2022, the Bank of England cranked up ...
Canada's annual inflation rate fell to 1.8% in February, after prices in the same period a year ago had risen sharply when ...
Brazil’s annual inflation eased slightly less than expected in February, days before the central bank is expected to kick off ...