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 inflation showed prices remained stubbornly high in February – dampening hopes that the Federal Reserve could start cutting interest rates in June. The core Personal ...
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 ...
Core PCE Price Index rose 0.3% M/M in February, in line with the +0.3% consensus and slowing from 0.5% in January, which was revised from +0.4%. The Federal Reserve favors the core PCE index as a ...
David Donabedian, CIO of CIBS Private Wealth US, warned the spike in core inflation seen in the latest GDP report is a major ...
The key Federal Reserve inflation rate, the core PCE price index, reared up in Q1 as GDP grew at a slower pace.
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 ...
Today, economic growth surprised economists in how much it slowed in the first quarter and we will look ahead to tomorrow's ...