Key Fed Indicator Shows Inflation Rose in December
The core index, one that strips volatile food and energy costs and is used by the Fed in setting interest rates, rose 0.2% in December and 2.8% annually, unchanged from November.
Fed’s Preferred Inflation Gauge Won’t Show the Progress Officials Want to See
The Federal Reserve’s preferred inflation measure accelerated slightly in December, as price growth remains stubbornly above ...
U.S. inflation ticked higher last month, in latest sign of persistent price pressures
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...
U.S. Consumer Prices Increase In Line With Estimates In December
The Commerce Department released a closely watched report on Friday showing consumer prices in the U.S. increased in line with ...
December PCE Report: PCE Inflation Index Up 2.6%, In Line With Expectations
The PCE Price Index year over year rose 2.6% in December, in line with forecasts and following an increase of 2.4% in ...
US Inflation Rises in December; Consumer Spending Accelerates
Consumer spending, which accounts for more than two-thirds of U.S. economic activity, jumped 0.7% in December after an ...
The Fed’s Preferred Inflation Measure Ticked Up Slightly in December
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
Inflation rose to 2.6% in Fed’s preferred gauge in December
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 ...
Key Fed measure shows core inflation at 2.8%, in line with expectations
The personal consumption expenditures price index for December was expected to show a 2.6% increase on an annual basis ...
VIEW US Dec PCE inflation uptick supports Fed hold
U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting interest rates for some time this year.
Germany annual CPI inflation softens to 2.3% in January vs. 2.6% expected
Annual inflation in Germany softened unexpectedly in January. EUR/USD continues to trade in a tight range at around 1.0400. Inflation in Germany, as measured by the change in the Consumer Price Index ...
Germany's annual consumer price inflation down to 2.3% in January
Germany's annual consumer price inflation dropped to 2.3% in January, down from 2.6% in December and below market ...