Consumer inflation accelerated in October 2024. However, the odds of a Federal Reserve interest rate cut on December 18 are ...
The Commerce Department released data showing that PCE inflation ticked higher in October, though the Federal Reserve's ...
U.S. consumer spending increased slightly more than expected in October, suggesting the economy retained much of its solid ...
The core PCE inflation measure is half of its 2022 peak, but it’s higher than it ever was from 1994 to 2020 as price ...
Asset prices, meanwhile, have shrugged off all indication that the Fed’s inflation battle is moving in the wrong direction.
Fed officials had been hoping this fall for a clean downtrend in inflation, allowing them to focus more fully on preventing ...
Despite inflation in some sectors remaining outside the Federal Reserve's benchmark of 2%, officials indicated they are ...
The Federal Reserve’s preferred measure of underlying inflation accelerated in October from a year ago, helping explain ...
The rate of inflation rose in October and moved further away from the Federal Reserve’s 2% goal, confirming a recent uptick ...
The core version of the Fed’s preferred 12-month inflation gauge ticked back up to 2.8% as expected last month.
The personal consumption expenditures price index, a broad measure that the Fed prefers as its inflation gauge, increased 0.2 ...
Gold was steady as a cease-fire deal in the Middle East sapped haven demand, and investors waited for US economic data that ...