US inflation rate remained above the Fed's target rate, eroding some of the safe haven propulsion brought to gold price by tariffs.

Our main macro thesis for the first half of 2025 is that another disinflationary wave will hit the US. We expect core PCE to annualize at or below 2% in H1 2025. Our Leading Inflation Indicator... The ...

The Fed’s preferred gauge for inflation is the Personal Consumption Expenditures (PCE) report, which came out this morning for the month of December. Results were as in-line with expectations as ...

Later, a reading from the Federal Reserve's preferred inflation gauge, the PCE price index, showed that price pressures were largely in line with economists' expectations last month. Despite a ...

Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking ...

The PCE index rose 0.3% last month, the government said Friday, to mark the biggest increase since last April. The increase in inflation in the past year was at a seven-month high of 2.6% ...

The "core" Personal Consumption Expenditures (PCE) index, which strips out food and energy costs and is closely watched by the central bank, rose 0.2% from the prior month during December ...

As we keep an eye on the macro landscape, the pivotal U.S. core PCE — the Fed’s go-to measure for inflation — is set to be released. Expectations are for a hot headline figure, with core ...

Excluding volatile food and energy prices, the core version of the PCE price index rose by 0.2% last month, compared with 0.1% in November, and by 2.8% over the past 12 months. December was the ...

Jan 31 (Reuters) - U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting interest rates for some time this year. The personal ...