An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...
The personal consumption expenditures (PCE) price index rose 0.3 per cent last month after an unrevised 0.1 per cent gain in ...
U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting ...
U.S. inflation increased by the most in eight months in December amid a surge in consumer spending, suggesting the Federal ...
Federal Reserve Bank of Chicago President Austan Goolsbee praised the latest inflation data, adding it’s appropriate to lower interest rates as price growth slows.
On a three-month annualised basis — seen as a more accurate picture of the trajectory of inflation — the core PCE price gauge ...