The Federal Reserve's preferred inflation gauge showed prices rising 2.8% in September compared with a year earlier, a level that keeps the central bank uncomfortably above its target even as the ...
Consumer prices rose 2.8% over the year in November, remaining well above the Federal Reserve's goal of a 2% annual rate. The personal savings rate hit a three-year low in November, as inflation rose ...
Inflation in the U.S. is still too high. The Federal Reserve's preferred inflation gauge showed that prices rose close to 3% in 2025, leaving the central bank with more work to do to get ...