Inflation rose 2.5% over the year in January compared to 2.6% in December, marking the first decrease in four months.
The Federal Reserve's preferred measure of inflation likely decelerated in January, providing some reassurance that cost-of-living increases are slowing to pre-pandemic levels.
The cost of services fell 0.2% amid a 1.4% decline in margins for machinery and vehicle wholesaling, after rising 0.6% in ...
Stocks tumbled Thursday as tariffs reignited market fears. Nvidia and Dell fell on AI cost concerns, while gold and bonds surged as investors sought safety amid uncertainty.
Discover how a steady labor market, inflation, and muted stock market performance shape the Fed's interest rate decisions and ...
Analysts say the components of this data-and the subsequent producer-price data-which feed into the core PCE measure were less ... "This is the mirror image of the 'soft landing' narrative ...
(Photo by Horacio Villalobos#Corbis/Corbis via Getty Images ... Fed's preferred inflation target, the "core" Personal Consumption Expenditures (PCE) Index, is due out next week.
Fed to hold rates steady, possibly raising inflation forecasts due to new trade tariffs. Market pricing for 3 cuts by 2024, ...
Perhaps crucial inflation data in the form of the Fed's preferred core-PCE gauge and instrumental Nvidia earnings can shed light on some things, providing more clarity to markets. The market ...
Excluding food and energy, core PCE also rose 0.3% for the month and was at 2.6% annually. Fed officials more closely follow ...
The annual rate of core PCE inflation is expected to drop from 2.8% in December to 2.6% in January. The Fed is expected to hold interest rates steady at its next meeting in March and through much ...