Inflation rose to 2.6% in Fed’s preferred gauge in December
Inflation rose two-tenths of a percentage point to 2.6% for the year ending in December, the Bureau of Labor Statistics reported Friday in an update to the personal consumption expenditures index, the ...
US Labor Costs Rise From Year Earlier by Least Since 2021
US labor cost growth cooled in the fourth quarter from a year earlier, reassuring Federal Reserve policymakers wage pressures ...
Bowman: Inflation Risks to the Upside, Further Rate Cuts Should Be Gradual, Cautious
WASHINGTON (Reuters) - Federal Reserve governor Michelle Bowman said she still expects declining inflation to allow further ...
New Jersey Business33m
Checking In on Inflation
No economic story has been as constant in recent years as the dramatic increase in inflation from 2021 to early 2023 and its ...
The Fed’s Preferred Inflation Measure Ticked Up Slightly in December
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
U.S. inflation ticked higher last month, in latest sign of persistent price pressures
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...
Investor's Business Daily on MSN33m
Key Fed Inflation, Wage Data Ease Worries Ahead Of Tariffs; S&P 500 Futures Rise
The Federal Reserve's key inflation rate is still elevated but kept up its two-month streak of good readings. S&P 500 futures ...
Fed’s Bowman Wants More Inflation Progress Before Cutting Rates
Federal Reserve Governor Michelle Bowman said she wants to see additional progress on inflation before the central bank ...
US inflation rises in December; consumer spending accelerates
U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting ...
December PCE Report: PCE Inflation Index Up 2.6%, In Line With Expectations
The PCE Price Index year over year rose 2.6% in December, in line with forecasts and following an increase of 2.4% in ...