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, ...
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Fed's favored inflation gauge accelerates further in December
The US Federal Reserve's preferred inflation measure accelerated for a third month in a row in December, according to ...
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.
Inflation Worsened in December. What It Means for Fed Rate Cuts.
A spike in energy prices helped to lift the headline PCE price index in December. The combined cost of gasoline, electricity, ...
Inflation gauge favored by Fed showed price growth picked up in December
The Federal Reserve's preferred inflation gauge, known as the personal consumption expenditures index, rose in December in ...
US PCE inflation higher than expected in December
The Fed is in no hurry to cut rates. December’s PCE inflation reinforces that stance, with the headline rate ticking up to ...
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 ...
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 ...
Inflation ticked higher last month, in latest sign of persistent price pressures
WASHINGTON (AP) — An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that ...
Key Fed Indicator Shows Inflation Rose in December
The core index, one that strips volatile food and energy costs and is used by the Fed in setting interest rates, rose 0.2% in December and 2.8% annually, unchanged from November.