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 ...
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...
Inflation likely accelerated in December, putting pressure on the Federal Reserve to keep interest rates relatively high.
The Federal Reserve’s preferred inflation gauge moved even higher in December, driven largely by rising energy prices as well as food. However, a closely watched measurement of underlying inflation ...
U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, ...
“The Fed’s prognosis is for a slower pace of monetary easing moving forward, as the economy is doing well and prices are only slowly returning to target in an environment of great uncertainty,” said ...
The Federal Reserve's preferred inflation gauge, known as the personal consumption expenditures index, rose in December in ...
Consumer spending, which accounts for more than two-thirds of U.S. economic activity, jumped 0.7 per cent in December after ...
A fresh reading from the Federal Reserve's preferred inflation gauge showed prices remained sticky in the final month of 2024 ...
The Paris-based group reported that the consumer inflation rate for the OECD countries overall remained stable at 4.7% in ...