Treasury Yields, Dollar Lifted by Unsurprising PCE Data
PCE data lifts Treasury yields and the dollar as the Fed's preferred inflation gauge meets expectations. The price index rises 2.6% in December from a year before, up from 2.4% in the 12 months ...
Fed’s Preferred Inflation Gauge Won’t Show the Progress Officials Want to See
The Federal Reserve’s preferred inflation measure accelerated slightly in December, as price growth remains stubbornly above ...
The Fed’s go-to inflation gauge heated up again
The Federal Reserve’s preferred inflation gauge moved even higher in December, driven largely by rising energy prices as well ...
U.S. inflation ticked higher last month, in latest sign of persistent price pressures
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...
Stock Futures Hold Gains After PCE Inflation Data
Stock futures held onto earlier gains after the Federal Reserve’s preferred inflation gauge matched expectations. Dow futures were up 0.3%. S&P 500 futures were up 0.4%. Nasdaq 100 futures were up 0.7 ...
December PCE Report: PCE Inflation Index Up 2.6%, In Line With Expectations
The PCE Price Index year over year rose 2.6% in December, in line with forecasts and following an increase of 2.4% in ...
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 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 ...
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 ...
Inflation finishes 2024 well above Fed’s 2% target, PCE shows. Rate cuts on hold.
The price gauge used by the Federal Reserve to help set U.S. interest rates accelerated in December, pushing the bank further ...
Fed's preferred inflation 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.