The core index, one that strips volatile food and energy costs and is used by the Fed in setting interest rates, rose 0.2% in ...
The Federal Reserve's preferred inflation gauge, known as the personal consumption expenditures index, rose in December in ...
STORY: U.S. inflation increased by the most in eight months in December, suggesting the Federal Reserve will likely be in no hurry to resume cutting interest rates.The Commerce Department's Personal ...
The Federal Reserve's preferred inflation measure showed price rises accelerated slightly in December, moving further away from the central bank's 2% target. The personal-consumption expenditures, or ...
The measure of price increases targeted by the Fed sped up in December, reflecting a stubborn spell of inflation that remains ...
The Fed is in a holding pattern, awaiting more data, with December showing strong consumption but moderate inflation, suggesting disinflationary trends.
Spot Gold reached a fresh all-time high following the second round of first-tier events, trading as high as $2,798.53 after Wall Street’s opening. The US Dollar (USD) came under selling pressure after ...
The Commerce Department released a closely watched report on Friday showing consumer prices in the U.S. increased in line with ...
The Federal Reserve’s preferred inflation gauge moved even higher in December, driven largely by rising energy prices as well as food. However, a closely watched measurement of underlying inflation ...
The personal consumption expenditures (PCE) price index rose 2.6 percent in the 12 months to December, up from 2.4 percent in November ...
Consumers keep spending, while inflation edges higher.Personal consumption expenditures (PCE) grew by a strong 0.7 percent in December, easily ...
PCE Data to be Released Today The US Personal Consumption Expenditures Price Index data for December 2024 is expected to be published to. This will give the critical inflation ...