December PCE inflation expected to tick up, but that's no cause for alarm
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 ...
Fed’s preferred inflation gauge posts largest monthly gain since April as tariff fears boost spending
“The Fed’s prognosis is for a slower pace of monetary easing moving forward, as the economy is doing well and prices are only slowly returning to target in an environment of great uncertainty,” said ...
FXEmpire.com3d
Core PCE Holds at 2.8%—Will Sticky Inflation Delay Fed Rate Cuts?
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 ...
UPI15d
PCE: U.S. consumer prices rose 2.6% in December
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 ...
Inflation gauge favored by Fed showed price growth picked up in December
The Federal Reserve's preferred inflation gauge, known as the personal consumption expenditures index, rose in December in ...
Key Fed measure shows core inflation at 2.8%, in line with expectations
The personal consumption expenditures price index for December was expected to show a 2.6% increase on an annual basis ...
Yahoo Finance15d
PCE: U.S. consumer prices rose 2.6% in December
Core PCE, omitting food and energy, was 2.8%. File Photo by John Angelillo/UPI Jan. 31 (UPI) --Consumer prices, a gauge closely watched by the Federal Reserve, rose in December in line with ...