Is Inflation Finally Cooling Again? The Fed's Favorite Gauge Says So
Inflation rose 2.5% over the year in January compared to 2.6% in December, marking the first decrease in four months.
Inflation is easing, but another alarm bell is ringing about the US economy
The Federal Reserve’s preferred inflation gauge cooled as expected in January; however, the good news came with a red flag for the US economic engine: Consumers pulled back their spending by the most ...
Inflation Eased Slightly in January, Fed’s Preferred Gauge Showed
The central bank’s preferred inflation measure, released on Friday, climbed 2.5 percent in January from a year earlier, ...
Inflation Steady in January, Meeting Expectations as Consumers Backed Away From Large Purchases
While the consumer price index is more well known, the PCE is used by the Fed in its forecasts. For now, the central bank is ...
Inflation stays high around the US. Here's how it's impacting prices in the Mid-South
A new report shows personal consumption costs increased 0.3% nationally in January. Here's what it did in the Mid-South.
Inflation fell to 2.5% in January in Fed’s preferred gauge
The decline in the personal consumption expenditures index from 2.6% the month before was in line with expectations.
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January inflation eases in Fed’s preferred measure
The personal consumption expenditures (PCE) price index increased by 0.3 percent in January, easing to a 2.5 percent annual increase from 2.6 percent in December. The moves were in line ...
Fed's favorite core inflation measure hits 2.6% in January, as expected
Excluding food and energy, core PCE also rose 0.3% for the month and was at 2.6% annually. Fed officials more closely follow ...
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US Inflation Rate Highlights: S&P 500 is flat after in-line inflation data
The US Bureau of Economic Analysis will release the January PCE Price Index at 7:00 PM today, a key inflation gauge that ...