The personal consumption expenditures price index, a broad measure that the Fed prefers as its inflation gauge, increased 0.2 ...
The latest inflation data will likely reinforce the central bank’s cautious approach when it meets to decide on cutting ...
Inflation rose two-tenths of a percentage point to 2.3% for the year ending in October, the Bureau of Labor Statistics ...
Investors will be closely watching a fresh reading on inflation for clues on the Fed's interest rate-cutting path.
The Federal Reserve’s preferred measure of underlying inflation accelerated in October from a year ago, helping explain ...
The core version of the Fed’s preferred 12-month inflation gauge ticked back up to 2.8% as expected last month.
Fed officials had been hoping this fall for a clean downtrend in inflation, allowing them to focus more fully on preventing ...
Last week’s core PCE numbers support comments by Fed officials that there’s no rush to cut interest rates so long as the ...
The Federal Reserve’s preferred inflation gauge is likely to show a sharper increase in prices in October for the second ...
A stock-market rally boosted by President-elect Donald Trump’s victory is set to put upward pressure on the Federal Reserve’s ...
The personal consumption expenditures price index, a broad measure that the Fed prefers as its inflation gauge, increased 0.2% on the month and showed a 12-month inflation rate of 2.3%.
Recent sticky inflation readings have raised questions about whether the Fed will cut interest rates in December and how much the central bank will lower rates over the next year. Earlier this ...