The January reading of the consumer-price index is due at 8:30 a.m. ET. Economists expect the CPI increased 2.9% from a year ...
Inflation likely stayed elevated last month in the latest sign that consumer price growth has gotten stuck after declining ...
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That could hamper the Federal Reserve’s goal of bringing inflation down to 2%. Fed officials have said consumers’ well-anchored inflation expectations are one reason they are forecasting a ...
Key Takeaways Inflation likely accelerated in December, putting pressure on the Federal Reserve to keep interest rates ...
Here is a table showing the annualized change ... uses the Personal Consumption Expenditure (PCE) price index as their preferred inflation gauge. In August 2020, Fed Chairman Jerome Powell ...
Inflation remains above the Fed’s target, and it’s widely believed that a rate cut is off the table for January, if not longer. Forecasts for the December Consumer Price Index report show ...
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