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 interest rates for some time this year. The personal consumption expenditures (PCE) price index rose 0.
Key Fed Indicator Shows Inflation Rose in December
The core index, one that strips volatile food and energy costs and is used by the Fed in setting interest rates, rose 0.2% in December and 2.8% annually, unchanged from November.
US prices increases in December amid accelerating consumer spending
The accompanying policy statement did not include the reference to inflation having made progress toward the Fed's 2% target. No rate cut is expected before June
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.
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,
PCE Report Shows Fed's Favorite Inflation Measure Accelerated In December
Key Takeaways Inflation, as measured by Personal Consumption Expenditures, rose 2.6% over the year in December, up from 2.4% in November and in line with forecasts.As the Federal Reserve's goal of a 2% annual rate fades into the distance,
VIEW US Dec PCE inflation uptick supports Fed hold
U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting ...
Fed's Favorite Inflation Gauge Rises As Predicted, Consumer Spending Jumps At Fastest Pace In 9 Months (UPDATED)
This story has been updated with additional details. The Federal Reserve’s preferred inflation measure surged as predicted ...
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 ...
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 ...
U.S. Consumer Price Growth Matches Estimates In December
The Commerce Department released a closely watched report on Friday showing consumer prices in the U.S. increased in line with ...
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Federal Reserve decides not to change interest rates despite pressure from Trump
The Federal Reserve expressed concern that inflation has not eased enough for it to continue lowering interest rates.
Here's When the Fed Is Likely to Cut Interest Rates Again, and What It Means for Stocks
The Federal Reserve will hold its first policy meeting of the year on Jan. 28 and 29, where it is widely expected to keep ...
U.S. Consumer Prices Increase In Line With Estimates In December
The Commerce Department released a closely watched report on Friday showing consumer prices in the U.S. increased in line with ...