A key measure of inflation showed prices remained stubbornly high in February – dampening hopes that the Federal Reserve could start cutting interest rates in June. The core Personal ...
Fed is Looking for Clear Evidence Inflation is Under Control Before Cutting Interest Rates Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy ...
A key measure of U.S. inflation rose as expected in February, putting a spotlight on whether price growth will be cool enough this spring to justify an interest-rate cut by midyear. The overall ...
The Federal Reserve's preferred inflation gauge eased modestly last month, data indicated Friday, but offered a mixed picture of spending and price pressures that could further complicate the ...
Inflation ticked up to a 2.5% annual rate in February, as measured by the gauge favored by the Federal Reserve, rising one-tenth of a percentage point from the previous reading. The uptick in the ...
Federal Reserve's favored inflation gauge shows the final mile remains the stickiest. Climb in PCE inflation chimes in tune with a tick higher in consumer prices ...
A key inflation gauge watched closely by the Federal Reserve climbed on an annual basis in February. The Commerce Department's personal consumption expenditures price index (PCE) headline figure ...
A key US inflation gauge rose last month to its highest level since April 2023. The Producer Price Index, a closely watched ...
A key measure of Japan's trend inflation slowed to 1.3% in March, marking the smallest year-on-year increase in 11 months, ...
A runup in inflation in the first three months of 2024 shows signs of persisting, potentially keeping interest rates high ...
Economic gauge The Commerce Department releases its initial estimate of first-quarter economic growth on Thursday.
Economists expect interest rates to remain higher for longer after stronger-than-expected inflation data which also prompted ...