Inflation likely remained stubborn last month based on economists’ estimates, backing the Federal Reserve’s patient approach ...
According to the Bureau of Labor Statistics, the headline figure for the Consumer Price Index rose to 2.89% ... is the Federal Reserve's target inflation rate. In December, headline CPI ...
Inflation likely stayed elevated last month in the latest sign that consumer price growth has gotten stuck after declining ...
U.S. Treasury yields held steady on Wednesday as investors brace themselves for the January consumer inflation report.
WASHINGTON — An inflation ... core PCE index rose 0.16% in December, a touch softer than expected. Core prices are up 2.8% over the preceding 12 months. The 6-month annualized rate ticked ...
The core PCE price index, which excludes the more volatile components of gas and food, hit expectations on the nose: It rose 0.2% from November and the annual rate of underlying inflation held pat ...
The Federal Reserve's preferred inflation gauge showed prices rose ... personal savings rate currently is 3.8%, materially below the 2019 average of 6.7%, putting the consumer in a precarious ...