"The hot inflation readings through March should write off any rate cuts in the first half of 2024," said Nationwide Senior ...
The still-elevated price levels pose a challenge for the Biden administration, which has sought to claim credit for inflation ...
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 underscoring a burden ...
Excluding volatile items such as fuel, the Personal Consumption Expenditure price index advanced at an annual rate of 2.8%, ...
The Federal Reserve’s preferred inflation ... up from 2.5% in February, according to the BEA. The March PCE report adds to other recent concerning economic data, such as a report from the BEA on ...
Two key pieces of economic information came out on Thursday, and neither proved to be very good for the stock markets.First, ...
The US personal consumption expenditures PCE price index the Federal Reserve preferred inflation measure ticked up to 27 percent in March as i ...
The pound was quoted at USD1.2453 late on Friday afternoon in London, lower compared to USD1.2490 at the equities close on Thursday. The euro stood at USD1.0676, down against USD1.0713. Against the ...