January PCE inflation rose 0.3% for annual rate of 2.5%, meeting Dow Jones expectations
Personal consumption expenditures inflation rose 0.3% in January for an annual rate of 2.5%, the Bureau of Economic Analysis said Friday. Excluding food and energy, the core PCE rate was 2.6% annually.
Inflation Steady in January, Meeting Expectations as Consumers Backed Away From Large Purchases
Inflation came in as expected in January, according to a metric closely followed by the Federal Reserve released on Friday. That could be welcome news as the personal consumption price expenditures index rose at a 0.
Inflation gauge favored by Fed showed prices grew as expected in January
The latest reading of the Federal Reserve's preferred inflation gauge showed that prices rose in line with economists' expectations in January as the inflation fight continues.
January inflation eases in Fed’s preferred measure
January inflation eases in Fed’s preferred measure
Fed’s favorite core inflation measure hits 2.6% in January, as expected
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Is Inflation Finally Cooling Again? The Fed's Favorite Gauge Says So
Key Takeaways Inflation cooled in January, according to Personal Consumption Expenditures, the Federal Reserve's preferred measure of inflation.Inflation rose 2.5% over the year in January compared to 2.
Fed’s Preferred Inflation Gauge Slows in January
Inflation pressures continued to moderate in January, which may give the Federal Reserve reason to lower interest rates again later this year. The personal consumption expenditures, or PCE, price index,
U.S. Consumers Cut Spending More Drastically in January Than Any Other Time in the Past Four Years
Photo: U.S. consumers cut back sharply on spending last month, the most since February 2021, even as inflation declined, ...
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, ...
January home sales reflect post-election 'Trump bump' but there may be a cooldown ahead
Just 55 single-family homes in Palm Beach County sold for less than $300,000 in January with nearly 500 selling for $600,000 ...
Trump ally demotes at least 8 senior federal prosecutors who worked on January 6 cases
At least eight senior federal prosecutors who worked on the January 6, 2021, US Capitol riot cases have been demoted to entry-level jobs, according to multiple sources and memos obtained by CNN.
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Utilities took a bigger bite out of consumer spending in January
Cold weather and higher natural gas prices raised household costs, particularly stressing the budgets of lower-income ...
VIEW January PCE inflation no surprise, cools year on year
The U.S. Commerce Department's Personal Consumption Expenditures (PCE) price index increased 0.3% in January after advancing ...
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Why was January Earth’s hottest on record?
To learn more, The Allegheny Front’s Kara Holsopple spoke with Jeff Masters, Ph.D., a meteorologist who wrote about it for ...
Americans Tightened Their Belts In January Despite Bigger Paychecks
Workers got bigger paychecks in January, but they were less inclined to spend them amid nervousness about the future of the economy.
Jane's January 2025 Retirement Income Update: A Conservative Forecast Of Income Growth
With January's numbers updated, the updated forecast has already improved considerably to -13.2% and -.2%, respectively.