U.S. inflation is lingering and tariffs threatened by Trump could nudge prices in wrong direction
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...
Fed's preferred inflation gauge meets expectations in December
The latest reading on the Fed's preferred inflation gauge comes just two days after the central bank paused its interest rate cutting cycle.
US inflation rise in December; consumer spending accelerates
U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting ...
Key Fed measure shows core inflation at 2.8%, in line with expectations
Inflation closed out 2024 on a strong note, as a price gauge the Federal Reserve focuses on came in well above the central ...
The World Economy Awaits Trump’s First Round of Tariffs
According to Tom Kloza, the global head of energy analysis at Oil Price Information Service, if fuel producers respond to the ...
Trump may be his own worst enemy in his fight against the Fed
Trump said Powell and the Fed "failed to stop the problem they created with inflation" in a post on Truth Social on Wednesday ...
PCE Report Shows Fed's Favorite Inflation Measure Accelerated In December
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.
Inflation Worsened in December. What It Means for Fed Rate Cuts.
A spike in energy prices helped to lift the headline PCE price index in December. The combined cost of gasoline, electricity, ...
Fed's Goolsbee says he likes inflation data, but cites policy uncertainties
Chicago Federal Reserve Bank President Austan Goolsbee said Friday's inflation data was a bit better than expected and helps ...
Inflation report isn't great for maturing commercial-real-estate debt
Friday's inflation report likely won't provide much comfort to borrowers with maturing commercial-real-estate loans. The ...
Instant View: US Dec PCE Inflation Uptick Supports Fed Hold
The personal consumption expenditures (PCE) price index rose 0.3% last month after an unrevised 0.1% gain in November, the Commerce Department said on Friday. Economists polled by Reuters had forecast ...
Inflation finishes 2024 well above Fed’s 2% target, PCE shows. Rate cuts on hold.
The price gauge used by the Federal Reserve to help set U.S. interest rates accelerated in December, pushing the bank further ...