Fed's preferred inflation gauge rises as expected, personal spending surges in December
The Core PCE Price Index, the Federal Reserve's preferred measure of inflation, increased 0.2% M/M in December, in line with the consensus estimate and ticking up from +0.1% in November, according to data released by the U.S. Commerce Department on Friday.
U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting ...
Knowing when to switch bank accounts can be stressful, especially as inflation rises. Find out how to know it's time to ...
The Consumer Price Index report for January is expected to show broadly unchanged annual inflation according to nowcasts. That may be broadly good news for the Fed.
Of course, you probably don’t spend on the exact same things, or buy the exact same amount, as people on the other side of ...
The Consumer Price Index (CPI) is used as a chief barometer of inflation. But what is it and how is it calculated? CNBC Select explains below and recommends some cards that could help put ...
Consumer prices in the economy continued trending upward after touching a 17-year low of 2.7 percent in October last year.
Annual inflation in Germany softened unexpectedly in January. EUR/USD continues to trade in a tight range at around 1.0400. Inflation in Germany, as measured by the change in the Consumer Price Index ...
LONDON (Reuters) - Investors are snapping up crude oil futures as a hedge against the risk that U.S. President Donald Trump's ...
Core consumer prices in Japan's capital rose 2.5 per cent in January from a year earlier, data showed on Friday, keeping ...
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...
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