Inflation remained stubbornly high last month, but it hasn’t stopped Americans from spending. The Personal Consumption Expenditures price index — a closely watched inflation gauge favored by ...
"The hot inflation readings through March should write off any rate cuts in the first half of 2024," said Nationwide Senior ...
WASHINGTON — A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Fed’s reluctance to cut interest rates anytime soon and ...
The U.S. manufacturing activity sentiment missed expectations in April. After a brief uptick in March, activity retraced back into contraction, according to the Institute for Supply Management (ISM).
Inflation may have tumbled from multi-decade highs on both sides of the Atlantic, but progress has stalled in the United ...
A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the ...
A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the ...
Fed's Preferred Inflation Gauge Shows Price Pressures Stayed Elevated Last Month WASHINGTON (AP) — A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in ...
Measured from a year earlier, prices were up 2.7% in March, up from a 2.5% annual rise in February. After peaking at 7.1% in 2022, the Fed’s favored inflation index steadily cooled for most of 2023.
Friday’s inflation data showed that excluding volatile food and energy costs, “core” prices rose by an elevated 0.3% from February to March, unchanged from the previous month.