Inflation rose two-tenths of a percentage point to 2.6% for the year ending in December, the Bureau of Labor Statistics ...
The PCE is a key metric the Federal Reserve uses in determining a key lending rate. Inflation continues to rise from the Fed's long-term target of two percent. This is the third month in a row ...
A hotter-than-expected January producer-price index following Wednesday's too-warm-for-comfort consumer price index won't dispel jitters over sticky inflation. But investors appeared to be taking ...
Americans are facing higher costs. Trump was elected on promises to lower prices for inflation-weary consumers and high ...
The Federal Reserve's widely panned and soon-to-be-revised "average inflation targeting" strategy may survive mostly intact ...
The Federal Reserve's preferred inflation gauge showed prices rose as expected in December, and it remains above the central bank's target level amid its ongoing efforts to wrestle down inflation.
US inflation increased by the most in eight months in December amid a surge in consumer spending, suggesting the Federal Reserve would ... s preferred inflation gauge advanced 0.3%%.
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 ...
A fresh reading from the Federal Reserve's preferred inflation gauge showed prices remained sticky in the final month of 2024, a new data point that likely reinforces a current wait-and-see ...
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