High Inflation Sows Debate About New Fed Playbook for Tariffs
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect ...
Fed’s preferred inflation gauge posts largest monthly gain since April as tariff fears boost spending
US inflation increased by the most in eight months in December amid a surge in consumer spending, suggesting the Federal ...
Key US inflation gauge posts largest monthly rise since last April
The increase was in line with economists' expectations. In the 12 months through December, the PCE price index advanced 2.6%.
Next Week: job openings, employment report, services sector update,
The Institute for Supply Management releases its latest report on the U.S. service sector on Wednesday. Economists forecast the monthly index edged lower in January, following a jump in December. The ...