A key measure of inflation showed prices remained stubbornly high in February – dampening hopes that the Federal Reserve could start cutting interest rates in June. The core Personal ...
Fed is Looking for Clear Evidence Inflation is Under Control Before Cutting Interest Rates Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy ...
A key measure of U.S. inflation rose as expected in February, putting a spotlight on whether price growth will be cool enough this spring to justify an interest-rate cut by midyear. The overall ...
The Federal Reserve's preferred inflation gauge eased modestly last month, data indicated Friday, but offered a mixed picture of spending and price pressures that could further complicate the ...
Inflation ticked up to a 2.5% annual rate in February, as measured by the gauge favored by the Federal Reserve, rising one-tenth of a percentage point from the previous reading. The uptick in the ...
Core PCE Price Index rose 0.3% M/M in February, in line with the +0.3% consensus and slowing from 0.5% in January, which was revised from +0.4%. The Federal Reserve favors the core PCE index as a ...
The U.S. economy continued growing in the first quarter, albeit at a slower pace, but stubbornly high inflation continues to ...
The key Federal Reserve inflation rate, the core PCE price index, reared up in Q1 as GDP grew at a slower pace.
Federal Reserve's favored inflation gauge shows the final mile remains the stickiest. Climb in PCE inflation chimes in tune with a tick higher in consumer prices ...
A key inflation gauge watched closely by the Federal Reserve climbed on an annual basis in February. The Commerce Department's personal consumption expenditures price index (PCE) headline figure ...
A key US inflation gauge rose last month to its highest level since April 2023. The Producer Price Index, a closely watched ...
Economic gauge The Commerce Department releases its initial estimate of first-quarter economic growth on Thursday.