One of the most consequential takeaways from the latest PCE report showed that core inflation, which excludes volatile food and energy prices, was stable in December. An earlier reading from the CPI ...
The Federal Reserve’s preferred inflation measure accelerated slightly in December, as price growth remains stubbornly above ...
The PCE Price Index year over year rose 2.6% in December, in line with forecasts and following an increase of 2.4% in ...
The Federal Reserve’s preferred inflation gauge moved even higher in December, driven in part by rising food and energy prices. However, a closely watched measurement of underlying inflation trends ...
The Federal Reserve's preferred inflation gauge, known as the personal consumption expenditures index, rose in December in ...
The price gauge used by the Federal Reserve to help set U.S. interest rates accelerated in December, pushing the bank further ...
Apple shares rose over 3% in premarket trading, after the company reported better-than-expected earnings but said iPhone sales fell slightly in the December quarter. iPhone sales were down nearly 1% ...
A humming American economy ended 2024 on a solid note with consumer spending continuing to drive growth, and ahead of what ...
The Commerce Department reported Thursday that gross domestic product — the economy's output of goods and services — expanded ...
If economists are professionals who are paid to make incorrect guesses, as the old joke goes, then they’re certainly earning ...
Plus: US economy growth slows as inflation looms; ECB cuts rates as Europe wobbles; Norway’s government implodes over EU ...
U.S. economy grew 2.8 percent in 2024 - but inflation pressure remains - Some economists believe that Trump’s threat of ...