Based on the performance of these indexes, you'd assume the U.S. economy and Wall Street are firing on all cylinders. But according to the latest inflation update from the Federal Reserve, things may not be as rosy as the Dow,

The Federal Reserve’s preferred inflation gauge, the core PCE price index, climbed 3.2% year-over-year in March.

The Fed's projection is nightmare fuel for a historically expensive stock market.

The latest PCE inflation data was released by the Commerce Department which showed that inflation rose and remained elevated in March due in part to the Iran war's impact.

We develop a non-parametric filter that identifies sustained directional runs in shocks to monthly inflation—a concept we define as “inflation shock

The Federal Reserve Bank of Cleveland's inflation-forecasting tool points to an even faster increase in prices in April, which may eventually force the Federal Open Market Committee to act. Speculation about a quick end to the Iran war and strong earnings growth stemming from the evolution of artificial intelligence clearly has investors excited.

US Federal Reserve chief Jerome Powell said Wednesday that he would stay at the central bank as a governor after his term as chair concludes, as the independent institution battles

Federal Reserve Chair Jerome Powell called for the central bank to remain independent as he announced he would stay on as a governor after the end of his term.