STORY: U.S. inflation increased by the most in eight months in December, suggesting the Federal Reserve will likely be in no ...
The Federal Reserve's preferred inflation gauge, known as the personal consumption expenditures index, rose in December in ...
The core index, one that strips volatile food and energy costs and is used by the Fed in setting interest rates, rose 0.2% in December and 2.8% annually, unchanged from November.
The measure of price increases targeted by the Fed sped up in December, reflecting a stubborn spell of inflation that remains ...
U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, ...
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 ...
(CNN)– The federal reserve’s preferred inflation gauge heated up again in the final month of 2024. The Personal Consumption Expenditures Price Index rose 2.6% year-over-year in December. That’s up ...
Consumers keep spending, while inflation edges higher.Personal consumption expenditures (PCE) grew by a strong 0.7 percent in December, easily ...
The December personal consumption expenditures (PCE) price index, the Federal Reserve’s preferred gauge of inflation, ...
The Commerce Department released a closely watched report on Friday showing consumer prices in the U.S. increased in line with ...
The Commerce Department released a closely watched report on Friday showing consumer prices in the U.S. increased in line with ...
Producers of metals and other raw materials fell as traders digested a mixed reading of the Federal Reserve's preferred inflation gauge -- the personal-consumption expenditure price index.