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Fed’s favored inflation gauge accelerates slightly in August

WASHINGTON (AP) – The Federal Reserve’s favored inflation gauge accelerated slightly in August from a year earlier. The Commerce Department reported Friday that its personal...

Fed’s preferred inflation gauge shows price pressures stayed elevated last month 

WASHINGTON (AP) – A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Fed's reluctance to...

Inflation eases as consumer prices rise 6.3% in July

WASHINGTON (AP) – Inflation eased last month as energy prices tumbled, raising hopes that a surge in prices increases may have peaked.  According to Commerce...
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