Fed's preferred inflation gauge rises as expected, personal spending surges in December
The Core PCE Price Index, the Federal Reserve's preferred measure of inflation, increased 0.2% M/M in December, in line with the consensus estimate and ticking up from +0.1% in November, according to data released by the U.S. Commerce Department on Friday.
The personal consumption expenditures (PCE) price index rose 0.3% last month after an unrevised 0.1% gain in November, the Commerce Department said on Friday. Economists polled by Reuters had forecast ...
The Consumer Price Index report for January is expected to show broadly unchanged annual inflation according to nowcasts. That may be broadly good news for the Fed.
Knowing when to switch bank accounts can be stressful, especially as inflation rises. Find out how to know it's time to ...
The Consumer Price Index (CPI) is used as a chief barometer of inflation. But what is it and how is it calculated? CNBC Select explains below and recommends some cards that could help put ...
Germany's annual consumer price inflation dropped to 2.3% in January, down from 2.6% in December and below market ...
The Commerce Department released a closely watched report on Friday showing consumer prices in the U.S. increased in line with ...
LONDON (Reuters) - Investors are snapping up crude oil futures as a hedge against the risk that U.S. President Donald Trump's ...
Core consumer prices in Japan's capital rose 2.5 per cent in January from a year earlier, data showed on Friday, keeping ...
The document noted that retail headline inflation eased from 5.4 per cent in the 2023-24 fiscal year (FY24) to 4.9 per cent ...
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