The Federal Reserve’s preferred inflation measure accelerated slightly in December, as price growth remains stubbornly above ...
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
Markets focus on the core PCE inflation reading, which the Fed considers a more accurate representation of overall price pressures as it incorporates changes in consumer spending ...
The latest reading on the Fed's preferred inflation gauge comes just two days after the central bank paused its interest rate cutting cycle.
Inflation rose two-tenths of a percentage point to 2.6% for the year ending in December, the Bureau of Labor Statistics reported Friday in an update to the personal consumption expenditures index, the ...
The personal consumption expenditures price index for December was expected to show a 2.6% increase on an annual basis ...
The price gauge used by the Federal Reserve to help set U.S. interest rates accelerated in December, pushing the bank further ...
Stock futures are higher Friday morning as investors respond to a steady stream of earnings reports and await the release of a closely followed inflation indicator.
Several risk factors that could end the bond market’s party, but for the moment US fixed-income markets are having a good year so far. Click to read.
Federal Reserve governor Michelle Bowman said she still expects declining inflation to allow further interest rate cuts this ...