The PCE Price Index year over year rose 2.6% in December, in line with forecasts and following an increase of 2.4% in ...
U.S. stock futures held on to their early gains following the latest reading from the Federal Reserve's preferred inflation gauge. Compared with the previous month, the PCE Price Index for December ...
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...
Inflation data coming Friday should show a quicker rise in consumer prices at the end of 2024, supporting the Federal Reserve ...
The Federal Reserve’s preferred inflation gauge moved even higher in December, driven in part by rising food and energy ...
The Federal Reserve's preferred inflation gauge, known as the personal consumption expenditures index, rose in December in ...
The price gauge used by the Federal Reserve to help set U.S. interest rates accelerated in December, pushing the bank further ...
The latest reading on the Fed's preferred inflation gauge comes just two days after the central bank paused its interest rate cutting cycle.
Federal Reserve Governor Michelle Bowman said she wants to see additional progress on inflation before the central bank ...
Stock futures are higher Friday morning as investors respond to a steady stream of earnings reports and await the release of a closely followed inflation indicator.
Federal Reserve governor Michelle Bowman said she still expects declining inflation to allow further interest rate cuts this ...
U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting ...