An inflation gauge closely watched by the Federal Reserve showed price pressures eased last month alongside a rebound in consumer spending, the government said on Friday. Why it matters: The data ...
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 ...
"The hot inflation readings through March should write off any rate cuts in the first half of 2024," said Nationwide Senior ...
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 remained stubbornly high last month, but it hasn’t stopped Americans from spending. The Personal Consumption ...
A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the ...
Prices for food, rent, gas and other necessities are running roughly 20 percent to 30 percent higher than they were four ...
Friday’s report from the U.S. government showed that prices rose 0.3 per cent from February to March, the same as in the ...
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 measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Fed’s reluctance to cut interest rates anytime soon and underscoring a burden ...
Inflation may have tumbled from multi-decade highs on both sides of the Atlantic, but progress has stalled in the United ...