The Federal Reserve’s preferred inflation gauge moved even higher in December ... according to Friday’s report. “It now is 2 percentage points below its 2015-to-19 average,” Tombs said.

The US Federal Reserve's preferred inflation measure accelerated for a third month in a row in December, according to government data published Friday, while underlying inflation was unchanged.

Rates cuts are still on the menu, but like many businesses, Fed officials are having a tough time judging the impact of Trump ...

The Fed has a dual mandate to tackle inflation and unemployment, and does so mainly by raising and lowering short-term lending rates, which then trickle ... do is cut rates now, if inflation ...

The Fed has a dual mandate to tackle inflation and unemployment, and does so mainly by raising and lowering short-term lending rates, which then trickle through into consumer and producer ...

Inflation was the biggest concern on the campaign trail and, according to some analysts, a major factor in Trump besting then ... the Fed appears poised to hold rates where they are now for ...

The Fed has a dual mandate to tackle inflation and unemployment, and does so mainly by raising and lowering short-term lending rates, which then trickle through into ... you're going to want to do is ...

Austan Goolsbee, president of the Federal Reserve's Chicago branch, talks with The Associated Press about inflation, the job ...