The Fed’s Preferred Inflation Measure Ticked Up Slightly in December
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
Fed's Goolsbee comforted by latest inflation data, worried about tariffs
Chicago Federal Reserve President Austan Goolsbee said inflation data released on Friday was a bit better than expected and ...
Inflation Worsened in December. What It Means for Fed Rate Cuts.
A spike in energy prices helped to lift the headline PCE price index in December. The combined cost of gasoline, electricity, ...
Inflation finishes 2024 well above Fed’s 2% target, PCE shows. Rate cuts on hold.
The price gauge used by the Federal Reserve to help set U.S. interest rates accelerated in December, pushing the bank further ...
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 ...
VIEW US Dec PCE inflation uptick supports Fed hold
U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting ...
Fed’s Bowman Wants More Inflation Progress Before Cutting Rates
Federal Reserve Governor Michelle Bowman said she wants to see additional progress on inflation before the central bank ...
Inflation gauge favored by Fed showed price growth picked up in December
The Federal Reserve's preferred inflation gauge, known as the personal consumption expenditures index, rose in December in ...
US inflation is lingering and tariffs threatened by Trump could nudge prices in wrong direction
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...
Fed’s favoured inflation gauge ends 2024 with a muted advance
On a three-month annualised basis — seen as a more accurate picture of the trajectory of inflation — the core PCE price gauge ...