The Personal Consumption Expenditures Price Index grew at a continuously compounding annualized rate of 3.1 percent in ...
U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, ...
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
The measure of price increases targeted by the Fed sped up in December, reflecting a stubborn spell of inflation that remains ...
PCE inflation for December 2024 saw a rise of 0.3%, pushing the annual rate to 2.6%. The core PCE, which excludes volatile ...
The Core PCE Price Index, the Federal Reserve's preferred measure of inflation, increased 0.2% M/M in December, in line with ...
U.S. Inflation gauge rises as Trump's tariff threats loom, potentially pushing prices higher in coming months.
Economists polled by Reuters had expected the January inflation print to come in at 2.4%, unchanged from December.
“The Fed’s prognosis is for a slower pace of monetary easing moving forward, as the economy is doing well and prices are only slowly returning to target in an environment of great uncertainty,” said ...
The Federal Reserve's preferred inflation gauge, known as the personal consumption expenditures index, rose in December in ...
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...
Inflation in the US, as measured by the change in the Personal Consumption Expenditures (PCE) Price Index, edged higher to ...