Traders were on guard after Federal Reserve Chair Jerome Powell said on Tuesday that the central bank is in no hurry to lower ...

Inflation likely started off 2025 by continuing to overstay its welcome, with price increases still gnawing away at the buying power of household budgets.

December CPI shows 0.4% monthly rise; annual inflation hits 2.9%. Core inflation slows to 3.2%, signaling easing pressures. Energy costs surged 2.6% in December, led by a 4.4% spike in gasoline ...

Headline inflation is usually expressed as a percentage change on a month-on-month (MoM) and year-on-year (YoY) basis. Core inflation excludes more volatile elements such as food and fuel which ...

though they view core data as a better indicator of inflation. Headline PCE ticked higher from an annual rate of 2.4% in November to 2.6% last month, while core PCE has been at 2.8% for three ...

In the European session, USD/JPY is trading at 154.73, up 0.28% on the day. Japan’s Tokyo’s core inflation rate accelerated to 2.5% y/y in January, up from 2.4% in December and in line with ...

Though the Fed considers both readings, historically officials have seen core as the better gauge of long-run inflation. On a monthly basis, headline PCE rose 0.3% while core increased 0.2% ...