U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting ...
As traders approach another pivotal day for financial markets, a series of crucial decisions and economic data releases that ...
The measure of price increases targeted by the Fed sped up in December, reflecting a stubborn spell of inflation that remains ...
The Fed’s preferred inflation gauge, the PCE price index, rose 2.6% YoY in December — the highest since May — and climbed 0.3% from November, marking the largest monthly increase since April.
The December Personal Consumption Expenditures Price Index increased in line with expectations, up 2.6% from year-ago levels. When volatile food and energy costs are factored out, the Federal ...
The PCE price index accelerated for the third month in a row, to 2.6% year-over-year in December, the worst increase since ...
The personal-consumption expenditures, or PCE, price index rose 2.6% over the past 12 months through December, as expected by economists polled by The Wall Street Journal. The rate was 2.4% as of ...
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