ABC 7 Chicago

Inflation accelerated in October, offering first look at prices since election

Consumer prices rose 2.6% in October compared to a year ago, ticking upward from the previous month and reversing some of the cooldown achieved in recent months, U.S. Bureau of Labor Statistics data ...

Inflation ticked up to 2.8% in November in Fed’s preferred gauge

Inflation rose one-tenth of a percentage point to 2.8% for the year ending in November 2025, the Bureau of Labor Statistics reported Thursday in an update to the personal consumption expenditures ...

What the Fed’s Favorite Inflation Gauge Could Reveal on Thursday

We're finally about to learn how much consumer prices rose back in November, according to the Federal Reserve's favorite ...

PCE inflation meets expectations. The Fed is likely to hold rates next week

The reading likely will reinforce policymakers’ cautious stance on rate cuts.

Fed's favored inflation gauge shows consumer prices remained elevated in November

The Commerce Department's delayed November PCE inflation report showed that inflation remained well above the Federal Reserve's 2% target rate.

The Fed's Favorite Inflation Measure Stayed Hot In November

Keeping up with the bills got harder for many households in November and October, as income failed to keep up with price increases according to a new government report.