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Fed’s go-to inflation gauge heated up again
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 line with economists' expectations.
The Fed’s go-to inflation gauge heated up again
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 indicated some progress in the fight to rein in price hikes.
PCE Report Today: Inflation Likely Sped Up in December, Based on Fed's Favored Gauge
The Federal Reserve's preferred inflation measure is expected to show prices rises accelerated slightly in December, moving further away from the central bank's 2% target. The personal-consumption expenditures,
inflation, Germany
German inflation remains flat at 2.8% in January
German inflation remained flat year-on-year in January at 2.8%, preliminary data from the federal statistics office showed on Friday, in line with a forecast by analysts polled by Reuters. December also saw a year-on-year increase in consumer prices of 2.
Germany annual CPI inflation softens to 2.3% in January vs. 2.6% expected
Annual inflation in Germany softened unexpectedly in January. EUR/USD continues to trade in a tight range at around 1.0400. Inflation in Germany, as measured by the change in the Consumer Price Index (CPI),
Germany's inflation steady at 2.8% in January ahead of February election
German inflation was unchanged year-on-year at 2.8% in January, preliminary data from the country's statistics office Destatis showed Friday in the last reading before Germans head to the polls next month.
27m
on MSN
US inflation rises in December; consumer spending accelerates
U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting ...
The New York Times
33m
The Fed’s Preferred Inflation Measure Ticked Up Slightly in December
The latest data presented a mixed picture. The central bank’s preferred
inflation
measure, released on Friday, climbed 2.6 ...
19m
on MSN
Inflation ticked higher last month, in latest sign of persistent price pressures
WASHINGTON (AP) — An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that ...
39m
on MSN
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 ...
Seeking Alpha
40m
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 ...
1d
South Africa producer inflation at 0.7% y/y in December
South Africa's producer inflation was at 0.7% year on year in December from -0.1% in November, statistics agency data showed ...
1d
on MSN
Fed pauses interest rate cuts as inflation, Trump's plans create uncertainty
The Federal Reserve kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and ...
19m
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 ...
Legit on MSN
5h
How CBN stopped inflation rate from hitting dangerous 42.81% mark
The governor of the Central Bank of Nigeria (CBN) has said that the intervention of the monetary policy committee prevented ...
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