Dollar dips as inflation data points to lower core PCE
The dollar slipped on Thursday after components of January’s producer price report pointed to lower inflation, and fell ...
Key part of PPI report suggests Fed’s favorite inflation barometer won’t run as hot
Even though wholesale prices surged in January, some costs, such as for healthcare, insurance and plane tickets, were lower than expected. As a result, Wall Street has lowered its forecast for the ...
Producer prices report points to softer Fed inflation measure than feared
The producer price index was expected to increase 0.3% in January, according to the Dow Jones consensus forecast.
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Core PCE Holds at 2.8%—Will Sticky Inflation Delay Fed Rate Cuts?
PCE price index increased 0.3% monthly and 2.6% annually, keeping inflation above the Federal Reserve’s 2% target. Core PCE inflation, the Fed’s preferred measure, climbed 2.8% year-over-year ...
US consumer inflation increases at fastest pace in nearly 1-1/2 years in January
Americans are facing higher costs. Trump was elected on promises to lower prices for inflation-weary consumers and high ...
Seeking Alpha13d
PCE Inflation Rises 2.6% In December As Expected
Both readings matched expectations. The core PCE price index, which excludes food and energy, rose 0.2% month-over-month, as expected. The BEA's Personal Income and Outlays report showed inflation ...
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Dollar dips after PPI data
NEW YORK: The dollar slipped on Thursday after components of January’s producer price report indicated that core PCE ...
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Dollar slips as inflation data signals lower core producer prices
NEW YORK : The dollar slipped on Thursday after components of January’s producer price report pointed to lower inflation, and fell further after the White House said that reciprocal tariffs on other ...
Forex Factory13d
Inflation Festers in Core Services, No Progress in 12 Months. PCE Price Index Accelerates for 3rd Month: Justifies Fed’s Pivot to Wait-and-See
The sharply falling prices since mid-2022 of energy such as gasoline, and durable goods, such as motor vehicles, had contributed a lot to the cooling of inflation measures. But prices cannot fall ...
Morning Bid: Wall St rallies as hot PPI looks cooler under surface
Canada's main stock index fell on Friday, weighed by declines for metal mining and consumer discretionary shares, as ...
US Dollar Forecast: DXY Pressured as Yields Fall, Euro Gains Despite Hot PPI
The US dollar struggles as hot PPI fails to lift DXY. Falling Treasury yields and euro strength keep pressure on the ...