U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting ...
U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting ...
The Commerce Department released a closely watched report on Friday showing consumer prices in the U.S. increased in line with ...
The accompanying policy statement did not include the reference to inflation having made progress toward the Fed's 2% target. No rate cut is expected before June ...
The Commerce Department released a closely watched report on Friday showing consumer prices in the U.S. increased in line with ...
The Federal Reserve expressed concern that inflation has not eased enough for it to continue lowering interest rates.
“The Fed’s prognosis is for a slower pace of monetary easing moving forward, as the economy is doing well and prices are only slowly returning to target in an environment of great uncertainty,” said ...
PCE inflation rises 2.7% y/y, exceeding forecasts. Core PCE holds at 2.8%. Fed raises 2025 inflation outlook. Dollar and ...
The Bureau of Economic Analysis said Friday that personal consumption expenditures rose 2.6% in December, in line with expectations. Core PCE, omitting food and energy, was 2.8%.
The Federal Reserve’s preferred inflation gauge moved even higher in December, driven in part by rising food and energy ...
The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.