The Bureau of Economic Analysis said Friday that personal consumption expenditures rose 2.6% in December, in line with ...
The Federal Reserve’s preferred inflation gauge moved even higher in December, driven in part by rising food and energy prices. However, a closely watched measurement of underlying inflation trends ...
The Federal Reserve expressed concern that inflation has not eased enough for it to continue lowering interest rates.
U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting ...
Next week brings more inflation data, with both the consumer price index (CPI) and producer price index (PPI) readings for ...
It is measured as the change in the consumer price index (CPI) compared with the same month a year earlier. Based on the results available so far, the Federal Statistical Office (Destatis) also ...
"I still think my ultimate where-we're-going-to-land is a fair bit below where we are today," Austan Goolsbee said at auto ...
The 25% tariffs Trump was to impose on Mexico and Canada, joined with a 10% tariff on China, would have pushed up underlying ...
U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, ...
which bases its calculations on the Consumer Price Index, a widely used indicator for inflation. Members of the Federal Reserve Board of Governors are appointed by the U.S. president and confirmed ...
“The Fed’s prognosis is for a slower pace of monetary easing moving forward, as the economy is doing well and prices are only slowly returning to target in an environment of great uncertainty,” said ...