January PCE inflation report: headline & core PCE vs expectations, plus income and spending trends—key Fed signal for rates.
Core inflation held steady at 3% in October, matching a Reuters survey of economists and offering a clearer view of price pressures as the year closes. The steady reading, which excludes fresh food ...
A big driving force was lower energy costs in January, which won’t last, and at least one other factor may have been ...
The Fed’s preferred inflation gauge, the core PCE price index, rose 2.8% year-over-year in November. The headline index was up 2.8% year-over-year, up from 2.7% in October and in line with the ...
Key inflation metrics tracked by the Federal Reserve accelerated at the end of last year, underscoring why many Fed officials have turned cautious about supporting further interest-rate cuts. The ...