Inflation remains a concern for the Federal Reserve and provides the chief reason why the Federal Open Market Committee didn't cut rates at its policy meeting on Wednesday. The personal income and ...
A hotter-than-expected January producer-price index following Wednesday's too-warm-for-comfort consumer price index won't dispel jitters over sticky inflation. But investors appeared to be taking ...
Core PCE inflation, the Fed’s preferred measure, climbed 2.8% year-over-year, reinforcing a cautious monetary stance. U.S. personal income rose 0.4% in December, signaling strong wage growth ...
The personal consumption expenditures index rose 2.6% in December. Core PCE, omitting food and energy, was 2.8%. Advertisement The December monthly increase was .07%, bringing the annual core PCE ...
The Federal Reserve's preferred inflation gauge, known as the personal consumption expenditures index, rose in December in ...