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 ...
Next Week: job openings, employment report, services sector update,
The Institute for Supply Management releases its latest report on the U.S. service sector on Wednesday. Economists forecast the monthly index edged lower in January, following a jump in December. The ...
Bill McEwen1h
US Inflation Lingers, Tariffs Threatened by Trump Could Nudge Prices in Wrong Direction
U.S. Inflation gauge rises as Trump's tariff threats loom, potentially pushing prices higher in coming months.
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.
Fed’s preferred inflation gauge posts largest monthly gain since April as tariff fears boost spending
“The Fed’s prognosis is for a slower pace of monetary easing moving forward, as the economy is doing well and prices are only slowly returning to target in an environment of great uncertainty,” said ...
Fed's preferred inflation gauge meets expectations in December
The latest reading on the Fed's preferred inflation gauge comes just two days after the central bank paused its interest rate cutting cycle.
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 ...
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 ...
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, ...