The Federal Reserve’s preferred inflation gauge cooled as expected in January; however, the good news came with another ...
Inflation rose 2.5% over the year in January compared to 2.6% in December, marking the first decrease in four months.
The Fed is well known to view core PCE as its inflation indicator of choice. However, wealth managers have their own ...
A new report shows personal consumption costs increased 0.3% nationally in January. Here's what it did in the Mid-South.
At present, the concerns around tariffs relate largely to its impact on inflation and an impact on Global growth. Inflation ...
The year-over-year gain in the Fed’s preferred measure of inflation was in line with economists’ expectations and slowed from ...
The US Bureau of Economic Analysis will release the January PCE Price Index at 7:00 PM today, a key inflation gauge that ...
Excluding food and energy, core PCE also rose 0.3% for the month and was at 2.6% annually. Fed officials more closely follow the core measure as a better indicator of longer-term trends. The numbers ...
The Federal Reserve’s preferred inflation gauge cooled in January, if economists’ forecasts are right.
The Federal Reserve's preferred gauge of inflation inched closer to the 2% target last month, according to the Commerce Department. The personal-consumption-expenditures price index rose by 2.5% over ...
Inflation is still a sore spot for the U.S. economy, but at least it didn’t get much worse at the start of the year.