U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting ...
U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting ...
U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting ...
A spike in energy prices helped to lift the headline PCE price index in December. The combined cost of gasoline, electricity, ...
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
The Commerce Department released a closely watched report on Friday showing consumer prices in the U.S. increased in line with ...
Consumer prices in the economy continued trending upward after touching a 17-year low of 2.7 percent in October last year.
On a three-month annualised basis — seen as a more accurate picture of the trajectory of inflation — the core PCE price gauge ...
The accompanying policy statement did not include the reference to inflation having made progress toward the Fed's 2% target. No rate cut is expected before June ...
The document noted that retail headline inflation eased from 5.4 per cent in the 2023-24 fiscal year (FY24) to 4.9 per cent ...
The Core PCE Price Index, the Federal Reserve's preferred measure of inflation, increased 0.2% M/M in December, in line with ...
The Federal Reserve's preferred measure of inflation picked up in December, pushing the central bank's goal of a 2% annual rate farther into the distance.