The Federal Reserve's preferred inflation gauge showed prices rose as expected in December, and it remains above the central bank's target level amid its ongoing efforts to wrestle down inflation.
WASHINGTON — An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices remain stubbornly elevated, even as inflation is ...
PCE inflation rises 2.7% y/y, exceeding forecasts. Core PCE holds at 2.8%. Fed raises 2025 inflation outlook. Dollar and ...
(CNN) — The Federal Reserve’s preferred inflation gauge moved even higher in December, driven largely by rising energy prices as well as food. However, a closely watched measurement of ...
Core inflation was 0.2% on a monthly basis. The more commonly tracked inflation gauge, the consumer price index, rose to 2.9% in December. Inflation still above the Fed’s preferred 2% level.
The chances of a pre-election rate cut increased sharply on the release of softer-than-expected inflation data, firming the prospect of an April poll date and giving Labor a boost ahead of a ...
XRP News Today: SEC vs. Ripple – Key Update Sparks Speculation; BTC Holds Above $100KWed, 29 Jan 2025 02:48:29 GMT Gold and Silver Eye Bullish Breakouts; US Dollar Holds Key LevelsWed, 29 Jan ...
WASHINGTON -- An inflation gauge closely watched by the Federal Reserve rose slightly last month, while some underlying prices pressures showed signs of easing. The latest inflation figures arrive ...
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