An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...
WASHINGTON (AP) — An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that ...
U.S. stock futures held on to their early gains following the latest reading from the Federal Reserve's preferred inflation gauge. Compared with the previous month, the PCE Price Index for December ...
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
The Federal Reserve's preferred inflation gauge, known as the personal consumption expenditures index, rose in December in ...
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 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 ...
The price gauge used by the Federal Reserve to help set U.S. interest rates accelerated in December, pushing the bank further ...
US labor cost growth cooled in the fourth quarter from a year earlier, reassuring Federal Reserve policymakers wage pressures ...
The latest reading on the Fed's preferred inflation gauge comes just two days after the central bank paused its interest rate cutting cycle.
Stock futures are higher Friday morning as investors respond to a steady stream of earnings reports and await the release of a closely followed inflation indicator.
U.S. labor costs rose marginally in the fourth quarter, offering some comfort to Federal Reserve officials after progress ...