U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting ...
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...
The PCE Price Index year over year rose 2.6% in December, in line with forecasts and following an increase of 2.4% in ...
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
The personal consumption expenditures price index for December was expected to show a 2.6% increase on an annual basis ...
Inflation in the US, as measured by the change in the Personal Consumption Expenditures (PCE) Price Index, edged higher to ...
Inflation rose two-tenths of a percentage point to 2.6% for the year ending in December, the Bureau of Labor Statistics reported Friday in an update to the personal consumption expenditures index, the ...