The personal consumption expenditures (PCE) price index, the Federal Reserve's preferred inflation measure, rose 2.5% in January on an annual basis, matching economists' expectations and providing ...
Charly Triballeau / AFP via Getty Images Inflation cooled in January, according to Personal Consumption Expenditures, the Federal Reserve's preferred measure of inflation. Inflation rose 2.5% over ...
The Federal Reserve's preferred inflation gauge showed prices rose as expected in January at a pace that remains above the central bank's target level as its efforts to tamp down inflation continue.
Much of that has to do with the same supply and demand factors and labor-market pressures that led to the initial inflation surge in the pandemic, while planned tariffs from President Donald Trump ...
That puts additional focus on the latest Personal Consumption Expenditures report, the Fed’s favored inflation measure. It’s due for release at 8:30 a.m. Eastern. The question is whether ...
Inflation slowed but progress has been slow Drop in consumer spending flags growth concerns Coming policy choice could be tough for the Fed Feb 28 (Reuters) - New data may point to emerging ...
By Colby Smith Getting inflation under control since the worst surge in decades has been a bumpy process in recent months. New data on Friday showed a little progress, but also an unexpected ...
The belt-tightening indicates that Americans, whose finances are broadly healthy, have been stretching their finances amid persistent inflation, said Max Axler, chief credit officer of Synchrony.
The cost of living crisis, which saw inflation in the US peak at a four-decade high of 9.1% in 2022, played a significant role in determining the outcome of last November’s presidential election.
A large majority of Americans say their incomes aren't keeping pace with inflation, as they report prices around them either rising or staying the same. There's wide concern about the ability to ...
Nigeria’s headline inflation rate eased to 23.18% in February 2025, down from 24.48% recorded in January 2025, according to the latest report by the National Bureau of Statistics (NBS).
While high inflation hasn’t been the sore spot for US consumers that it was in 2022, inflation has remained sticky into 2025. As Morningstar senior reporter Sarah Hansen points out ...