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, slightly lower than the previous reading of 2.6 percent but still well above the Fed’s 2 percent target. On a monthly basis, prices increased 0.3 percent, in line with December’s pace.
2don MSN
While the consumer price index is more well known, the PCE is used by the Fed in its forecasts. For now, the central bank is ...
The Federal Reserve’s preferred inflation gauge cooled as expected in January; however, the good news came with another ...
Personal consumption expenditures inflation rose 0.3% in January for an annual rate of 2.5%, the Bureau of Economic Analysis ...
The U.S. Commerce Department's Personal Consumption Expenditures (PCE) price index increased 0.3% in January after advancing ...
The CPI report for February to be reported in March is expected to show cooling inflation per nowcasts, but even so the FOMC ...
2don MSN
The drop may raise alarms about whether Americans are growing more cautious amid widespread uncertainty about the economic ...
U.S. stock index futures moved higher on Friday as investors assessed an in-line inflation report to gauge the trajectory of ...
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