U.S. producer prices increased solidly in January, offering more evidence inflation was picking up again and strengthening ...
Inflation tends to come in higher in January. Still, today’s BLS report indicates that inflation progress has stalled and may ...
We are still feeling the effects of yesterday’s CPI. It’s not so much the BLS reading of headline and core CPI higher, but rather the Cleveland Fed’s median up 3.9% annualized (from 3.59%) and core up ...
Higher prices for car insurance, airfares and a record monthly increase in the cost of prescription drugs paced the rise core ...
The report incorporated new weights for the consumer basket to try to more accurately capture Americans’ spending habits, which resulted in minimal revisions to the CPI last year. Some Fed officials ...
January’s consumer price index exceeded expectations, leading to diminished hopes for multiple Federal Reserve rate cuts.
Underlying US inflation last month rose by the most since March, diminishing chances the Federal Reserve will lower interest ...
The producer price index for final demand rose 0.4% last month after an upwardly revised 0.5% gain in December, the Labor ...
The Federal Reserve has not been in contact with Elon Musk-led Department of Government Efficiency (DOGE), Chair Jerome Powell said Wednesday in a question-and-answer session before the House ...
Weighting: Each item in the basket is given a weight according to ... Consumption Expenditures (PCE) Price Index, the Producer Price Index (PPI), and the Gross Domestic Product (GDP) deflator. How has ...
The dollar slipped on Thursday after components of January’s producer price report pointed to lower inflation, and fell ...