Inflation held steady in February compared to a year ago, according to a release from the Federal Reserve's preferred gauge of price increases. The reading matched economists' expectations.

The Federal Reserve's preferred inflation gauge showed that price growth slowed in March ... Headline PCE was down from 2.5% in February, while core PCE also declined from 2.8%.

The Federal Reserve's preferred inflation gauge showed prices rose in February at a pace that continues to exceed the central bank's target level amid its ongoing efforts to tamp down inflation.

On the inflation front, the PCE price index for February showed a 2.5% increase compared to the same month last year. Excluding food and energy, the PCE price index rose by 2.8% year-over-year.

March 28 (UPI) --The Federal Reserve's preferred inflation gauge rose by more than expected in February, according to U.S. Bureau of Economic Analysis shared Friday. The monthly Personal Income ...

An inflation gauge closely watched by the Federal Reserve remained high last month even before the impact of most tariffs has been felt. Americans’ spending rebounded in February after a steep ...