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.
Personal consumption expenditures inflation rose 0.3% in January for an annual rate of 2.5%, the Bureau of Economic Analysis said Friday. Excluding food and energy, the core PCE rate was 2.6% annually ...
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 6-month PCE price index accelerated to +2.6% annualized, the worst increase since June 2024. The core PCE price index, which excludes food and energy items, accelerated to +0.28% in January ...
Citi thinks March will see a "much more favorable" reading, with the firm predicting an out-of-consensus call of the Fed resuming its rate cuts in May. Market pricing currently indicates a much ...
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 ...
Inflation eased slightly in January as worries accelerated over President Donald Trump's tariff plans, according to a Commerce Department report Friday. The personal consumption expenditures price ...