Inflation, as measured by Personal Consumption Expenditures, rose 2.6% over the year in December, up from 2.4% in November ...

The Federal Reserve's preferred inflation measure ... out the likely monthly PCE reading: It indicated the core index rose last quarter at a 2.5% seasonally adjusted annual rate.

Fed Governor Michelle Bowman delivered remarks after the print on Friday and said she thinks the Fed should wait for more ...

The Federal ... of inflation. Headline PCE ticked higher from an annual rate of 2.4% in November to 2.6% last month, while core PCE has been at 2.8% for three consecutive months. FEDERAL RESERVE ...

31 (UPI) --Consumer prices, a gauge closely watched by the Federal Reserve, rose in December ... 07%, bringing the annual core PCE inflation rate to 2.8%. The BEA reported U.S. personal income ...

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 ...

A fresh reading from the Federal Reserve's preferred inflation gauge showed prices remained sticky in the final month of 2024, likely reinforcing a wait-and-see approach from the central bank.

WASHINGTON — An inflation gauge closely watched by the Federal Reserve rose slightly last month ... up from a 2.4% annual pace in November and the third straight increase.

December’s PCE report on Friday suggests that inflation finished 2024 above the Federal Reserve's 2% target ... The core PCE figure came in at an annual pace of 2.8%, while the headline ...

The Federal ... down inflation. The Commerce Department on Friday reported that the personal consumption expenditures (PCE) index was up 0.3% from the prior month and 2.6% on an annual basis.