A key inflation gauge tracked closely by the Federal Reserve slowed sharply in February. The release of the personal consumption expenditures price index Friday comes after the central bank raised ...
The numbers: A key gauge of U.S. inflation fell 0.1% in July thanks to tumbling gasoline prices, marking the first decline in more than two years and giving Americans some relief from a rapidly ...
The Federal Reserve's preferred inflation gauge eased from multi-decade highs last month data from the Bureau of Economic Analysis indicated Friday. The Federal Reserve's preferred measure of U.S ...
Gas costs drove inflation in August, rising 10.6 percent over the month and accounting for more than half of the increase ...
The preferred inflation gauge remains the core personal consumption expenditure price index, which excludes food and energy, Fed Chair Jerome Powell said during his Jackson Hole speech on Friday.
Policymakers have kept the main rate unchanged during two of their six meetings this year as price pressures gradually ease.
US inflation accelerated in August for the second-straight month, pushed up by rising gas prices. However, core inflation, ...
Shelter inflation has remained high even as other components of inflation have fallen. However, various market indicators, including house prices and rents, suggest that the housing market has slowed ...
WASHINGTON – The Federal Reserve held its key interest rate steady Wednesday but signaled another hike is likely this year ...
Amid rising gas prices, the US inflation rose to 3.7 per cent, recording an acceleration for the second-straight month, CNN ...
Nonfarm payrolls increased by 187,000 in August, ahead of the estimate for 170,000. The counts for June and July were revised considerably lower. However, the unemployment rate was 3.8%, up ...
The preferred inflation gauge remains the core personal consumption expenditure price index, which excludes food and energy, Fed Chair Jerome Powell said during his Jackson Hole speech on Friday.
