US inflation increases in December; consumer spending robust
U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, ...
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 ...
MT Newswires on MSN4h
December Consumer Spending Accelerates as Annual Core Inflation Holds Steady
Consumer spending growth accelerated at the end of 2024, while the Federal Reserve's preferred inflation metric held steady at the annual level, government data showed Friday. Personal consumption ...
December Consumer Income/Spending And Inflation
Consumers keep spending, while inflation edges higher.Personal consumption expenditures (PCE) grew by a strong 0.7 percent in December, easily ...
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. Consumer Price Growth Matches Estimates In December
The Commerce Department released a closely watched report on Friday showing consumer prices in the U.S. increased in line with ...
US inflation rise in December; consumer spending accelerates
U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting ...
PCE Report Shows Fed's Favorite Inflation Measure Accelerated In December
The Federal Reserve's preferred measure of inflation picked up in December, pushing the central bank's goal of a 2% annual rate farther into the distance.
Breaking: US core PCE inflation holds steady at 2.8% in December as expected
Inflation in the US, as measured by the change in the Personal Consumption Expenditures (PCE) Price Index, edged higher to ...
Germany annual CPI inflation softens to 2.3% in January vs. 2.6% expected
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 ...
Business Daily Africa9h
Inflation rate rises to 3.3 percent in January
Consumer prices in the economy continued trending upward after touching a 17-year low of 2.7 percent in October last year.