Core PCE inflation rises 3.1% Y/Y in January, a touch hotter than expected
January PCE inflation report: headline & core PCE vs expectations, plus income and spending trends—key Fed signal for rates.
Fourth-quarter GDP revised down to just 0.7% growth; January core inflation was 3.1%
The PCE price index for January was expected to show headline inflation at 2.9% and core at 3.1%.
Instant View: PCE Inflation Report Meets Expectations, GDP Is Soft; Markets Rally
The big news is the core PCE inflation number coming in not quite as bad as ⁠feared. We've had relatively good news on the CPI inflation front in recent months, but core PCE ...
NBC Bay Area
Inflation cooled in January, offering some relief for consumers
Inflation rose just 0.2% in January from December and fell to 2.4% on an annual basis. Both readings were less than anticipated, in a positive sign for consumers. Broadly, economists surveyed by ...
January’s Drop In Inflation Is Likely To Be Temporary
A big driving force was lower energy costs in January, which won’t last, and at least one other factor may have been redefined without mention.
VIEW PCE inflation report meets expectations, GDP is soft; markets rally
The U.S. Commerce Department said on Friday its Personal Consumption Expenditures Price Index (PCE) rose largely in line with ...
Inflation Moderates But Economic Growth Slows Sharply and Oil Hovers Near $100 a Barrel
The price of a barrel of Brent crude, the global benchmark, hovered near $100 Friday, up more than 30% over the past two weeks. The average price of a gallon of unleaded gas is no ...