By Lucia Mutikani WASHINGTON, March 13 (Reuters) - U.S. consumer spending increased solidly in January amid higher prices, ...
The PCE price index for January was expected to show headline inflation at 2.9% and core at 3.1%.
U.S. import prices increased in January as a decline in the cost of energy products was more than offset by a surge in ...
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 ...
The latest PPI data could give the Fed “another reason to be more patient with rate cuts,” said Chris Zaccarelli of Northlight Asset Management.
Inflation held steady in February as the headline figure for the Consumer Price Index remained at 2.4% year-over-year.
The annual rate of consumer inflation in Canada cooled slightly in January, according to the latest data, while prices continue to rise for food and other essentials.