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 ...
Latest PCE inflation report would justify first-half Fed rate cut: CMC
One of the most consequential takeaways from the latest PCE report showed that core inflation, which excludes volatile food and energy prices, was stable in December. An earlier reading from the CPI ...
Fed's inflation gauge heats up
Friday's price report — the Fed's preferred measure — suggests inflation remained sticky at the end of the year, offering a ...
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 ...
US Inflation Rises in December; Consumer Spending Accelerates
Consumer spending, which accounts for more than two-thirds of U.S. economic activity, jumped 0.7% in December after an ...
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 ...
Fed's preferred inflation gauge rises as expected, personal spending surges in December
The Core PCE Price Index, the Federal Reserve's preferred measure of inflation, increased 0.2% M/M in December, in line with ...
USD/INR forms a small double-top: Is the rupee about to rebound?
The USD/INR exchange rate has surged to a record high as the Indian rupee remained on edge. It jumped to a high of 86.65, up ...
EUR/USD struggles under the weight of the Greenback
EUR/USD shifted lower for a fourth consecutive trading day on Thursday, peaking near 1.0450 before softening to shed ...