U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting interest rates for some time this year.
· 1h · on MSN
Fed’s Preferred Inflation Gauge Won’t Show the Progress Officials Want to See
The Fed’s go-to inflation gauge heated up again
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 indicated some progress in the fight to rein in price hikes.
· 2h
Fed's preferred inflation gauge rises as expected, personal spending surges in December
The Consumer Price Index report for January is expected to show broadly unchanged annual inflation according to nowcasts. That may be broadly good news for the Fed.
Knowing when to switch bank accounts can be stressful, especially as inflation rises. Find out how to know it's time to switch.
The Consumer Price Index (CPI) is used as a chief barometer of inflation. But what is it and how is it calculated? CNBC Select explains below and recommends some cards that could help put money ...
Of course, you probably don’t spend on the exact same things, or buy the exact same amount, as people on the other side of the country – or even your neighbours – which is why the inflation measure isn’t a perfect fit for specific households.
Consumer prices in the economy continued trending upward after touching a 17-year low of 2.7 percent in October last year.
LONDON (Reuters) - Investors are snapping up crude oil futures as a hedge against the risk that U.S. President Donald Trump's threatened trade tariffs will cause a resurgence in global inflation, adding momentum to a recent rally in oil prices sparked by a tightening of sanctions on Russia.
Annual inflation in Germany softened unexpectedly in January. EUR/USD continues to trade in a tight range at around 1.0400. Inflation in Germany, as measured by the change in the Consumer Price Index (CPI),
Core consumer prices in Japan's capital rose 2.5 per cent in January from a year earlier, data showed on Friday, keeping alive market expectations for further interest rate hikes.The increase in the Tokyo core consumer price index (CPI),
Retirees with private “defined benefit” pensions could lose tens of thousands of pounds due to a change in how inflation will be measured, experts have warned.
The accompanying policy statement did not include the reference to inflation having made progress toward the Fed's 2% target. No rate cut is expected before June
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