Inflation likely stayed elevated last month in the latest sign that consumer price growth has gotten stuck after declining for much of last year.
The closely scrutinized monthly consumer-price index is due this morning. Here are the key points: Economists expect the CPI increased 2.9% from a year earlier, the same rate seen in December. An ...
In the upcoming report, the index may show elevated inflation within the range established since Sept. 2024 at 0.2 to 0.4. The company experienced higher ingredient costs. Manufacturing costs also ...
However, a closely watched measurement of underlying inflation trends indicated some progress in the fight to rein in price hikes. The Personal Consumption Expenditures price index rose 2.6% in ...
The Federal Reserve's preferred inflation gauge showed prices rose as ... reported that the personal consumption expenditures (PCE) index was up 0.3% from the prior month and 2.6% on an annual ...
Overall inflation climbed 0.3% in December from the previous month, driven higher by a jump in gas prices. Monthly increases at that level, if they continued, would exceed the Fed's target.
Inflation is on track to 2%, but tariff uncertainty is high and the Fed is wary of moving rates until there is clarity ...
Core inflation in Japan's capital hit 2.5%, marking the fastest annual pace in nearly a year, well exceeding the central bank ...
WASHINGTON (AP) — An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices remain stubbornly elevated, even as inflation is ...