Personal consumption expenditures (PCE) is a measure of consumer spending and includes all goods and services bought by U.S. households. Learn how it's used.

The European Central Bank said on Monday it was bracing for five more years of economic upheaval as disruptions from ...

The European Central Bank is on track to meet is 2% inflation target, the institution's Vice President Luis de Guindos said on Friday.

The CPI is the most commonly used inflation proxy, so if someone says the inflation rate is 2.4% — the rate for May — they’re probably referring to the CPI.

Global growth is projected at –4.9 percent in 2020, 1.9 percentage points below the April 2020 World Economic Outlook (WEO) forecast. The COVID-19 pandemic has had a more negative impact on activity ...

Although recent vaccine approvals have raised hopes of a turnaround in the pandemic later this year, renewed waves and new variants of the virus pose concerns for the outlook. Amid exceptional ...