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New York Fed inflation measure heats up in December 

By Michael S. Derby Feb 23 (Reuters) - The underlying level of inflation heated up in December as measured by a New York Federal Reserve gauge, suggesting further challenges in getting overall price pressures back to the U.S. central bank's 2% target. The regional Fed bank... Read More.

Futures drop after U.S. GDP, inflation data

Feb 20 (Reuters) - U.S. stock index futures dipped on Friday after data showed U.S. economic growth slowed more than expected in the fourth quarter, while inflation rose more than economists' estimates in December. The Commerce Department's report showed U.S. GDP increased at a... Read More.

Inflation rose more quickly than expected in December

WASHINGTON (AP) - A key inflation gauge accelerated in December to the fastest pace in nearly a year, showing how prices are still rising more quickly than most Americans would prefer - and faster than the Federal Reserve's target of 2% a year. Prices rose... Read More.

US PCE inflation heats up in December

WASHINGTON, Feb 20 (Reuters) - Underlying U.S. inflation increased more than expected in December, and signs are pointing to a further acceleration in January, which would strengthen expectations that the Federal Reserve would not cut interest rates before June. The personal consumption expenditures price index,... Read More.