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 ...
Inflation remained stubbornly high last month, but it hasn’t stopped Americans from spending. The Personal Consumption ...
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 ...
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 ...
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 ...
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 ...
Inflation may have tumbled from multi-decade highs on both sides of the Atlantic, but progress has stalled in the United ...
The US personal consumption expenditures PCE price index the Federal Reserve preferred inflation measure ticked up to 27 percent in March as i ...
David Donabedian, CIO of CIBS Private Wealth US, warned the spike in core inflation seen in the latest GDP report is a major ...
"It’s one thing to have moderate inflation with above-average growth," said Bret Kenwell, U.S. investment analyst at eToro.