CPI and PPI Reports Suggest Fed May Catch a Break on Inflation
Two major indicators this week both showed inflation running a little hotter than expected last month. But there may still be some good news ...
Inflation heats up more than expected in January CPI
Consumer Price Index rose 0.5%, accelerating from +0.4% in December and hotter than the +0.3% consensus, according to data released by the U.S. Bureau of Labor Statistics on Wednesday ...
MarketWatch14d
Latest PCE inflation report would justify first-half Fed rate cut: CMC
An earlier reading from the CPI had showed a modest retreat in the year-over-year core rate. By contrast, the year-over-year reading for PCE was steady at 2.8% for the third straight month.
FXStreet1mon
December CPI: Hotter headline, but healthier core
The core CPI rose 0.23%, in line with economist forecasts ... The picture looks a bit better for the Fed's preferred inflation metric, the core PCE deflator, where we project December inflation ...
UPI14d
PCE: U.S. consumer prices rose 2.6% in December
The personal consumption expenditures index rose 2.6% in December. Core PCE, omitting food and energy, was 2.8%. Advertisement The December monthly increase was .07%, bringing the annual core PCE ...
Morningstar14d
December PCE Report: PCE Inflation Index Up 2.6%, In Line With Expectations
The PCE Price Index increased 0.3% from month-ago levels. Excluding food and energy, the PCE Price Index increased 0.2%. The PCE Price Index rose 0.3% in December, in line with the FactSet ...