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 consumption expenditures ...
The Federal Reserve's widely panned and soon-to-be-revised "average inflation targeting" strategy may survive mostly intact ...
The Bureau of Economic Analysis said Friday that personal consumption expenditures rose 2.6% in December, in line with expectations. Core PCE, omitting food and energy, was 2.8%.
U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting ...
A gauge of global stocks climbed on Thursday for the first time in three sessions while U.S. Treasury yields tumbled as an ...
Overall prices were up but core inflation held steady as consumers spent more, saved less and pushed more debt to credit cards.
US wholesale prices picked up in January on higher food and energy costs, highlighting only limited progress on inflation ...
The Federal Reserve’s preferred inflation gauge moved even higher in December, driven largely by rising energy prices as well as food. However, a closely watched measurement of underlying inflation ...
US consumer spending rises 0.2% in August ... strength of the demand outlook persist. At 14:30 ET... Personal Consumption Expenditures minus food and energy (Core PCE) increased 0.2% in ...
The Fed is in a holding pattern, awaiting more data, with December showing strong consumption but moderate inflation, suggesting disinflationary trends.
The Personal Consumption Expenditures price index rose 2.6% in December from the year before, heating up from November’s 2.4% increase, according to new Commerce Department data released Friday.
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