Inflation likely accelerated in December, putting pressure on the Federal Reserve to keep interest rates relatively high.

Use this inflation calculator to see how prices are changing: Inflation is the loss of purchasing power over time as prices rise. It is often expressed as a percentage and generally refers to a trend ...

Morningstar looks to the personal consumption expenditures price Index, also known as the PCE price index, which is the Fed's preferred measure of inflation. You may have otherwise heard of the ...

citing estimates indicating that one key measure of underlying inflation, the Personal Consumption Expenditures Price Index excluding food and energy costs, has been close to the Fed’s target ...

US wholesale inflation unexpectedly cooled ... Reserve’s preferred inflation measure — the personal consumption expenditures price index. Those categories were mixed in December, including ...

The producer price index was expected to increase 0.4% in December, according to the Dow Jones consensus estimate.

The Fed also uses another inflation measure, the personal consumption expenditures price index. CPI readings tend to run about 0.2 to 0.3 percentage points higher than the PCE, Seydl said.

Though the central bank focuses more on the Commerce Department's personal consumption expenditures price index as its main inflation gauge, the PPI and CPI readings figure into that calculation.