U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting ...
Overall prices were up but core inflation held steady as consumers spent more, saved less and pushed more debt to credit cards.
The personal consumption expenditures (PCE) price index rose 0.3% last month after an unrevised 0.1% gain in November ...
The Federal Reserve’s preferred inflation gauge moved even higher in December, driven largely by rising energy prices as well ...
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...
The Federal Reserve's preferred inflation gauge, known as the personal consumption expenditures index, rose in December in ...
The Federal Reserve’s preferred inflation ... some progress in the fight to rein in price hikes. The Personal Consumption Expenditures price index rose 2.6% in December from the year before ...
“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 ...
PCE inflation rises 2.7% y/y, exceeding forecasts. Core PCE holds at 2.8%. Fed raises 2025 inflation outlook. Dollar and ...
The consumer price index (CPI) rose at an annual rate of 2.9% in December, and while the current inflation rate in the U.S.