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Fed’s go-to inflation gauge heated up again
The Fed’s go-to inflation gauge heated up again
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 underlying inflation trends indicated some progress in the fight to rein in price hikes.
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.
The Fed’s Preferred Inflation Measure Ticked Up Slightly in December
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
the Fed's Pause on Rate Cuts Could Affect Mortgage Rates
Inflation finishes 2024 well above Fed’s 2% target, PCE shows. Rate cuts on hold.
The price gauge used by the Federal Reserve to help set U.S. interest rates accelerated in December, pushing the bank further from its inflation goal and reducing the chance of another reduction in borrowing costs soon.
Federal Reserve holds interest rates steady as inflation remains above 2%
The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's inauguration.
How the Fed's Pause on Rate Cuts Could Affect Mortgage Rates
If you paid attention to the Federal Reserve's monetary decisions last year, you might have been surprised by something: The central bank's three interest rate cuts didn't help mortgage rates get cheaper for homebuyers.
55m
on MSN
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 ...
41m
on MSN
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 ...
4h
High Inflation Sows Debate About New Fed Playbook for Tariffs
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect ...
32m
on MSN
PCE Inflation Accelerated in December
The measure of price increases targeted by the Fed sped up in December, reflecting a stubborn spell of inflation that remains ...
2h
Bowman: Inflation risks to the upside, further rate cuts should be gradual, cautious
Federal Reserve governor Michelle Bowman said she still expects declining inflation to allow further interest rate cuts this ...
11m
Investors breathe a sign of relief after PCE inflation report. Why 'mild' inflation could help the stock market.
December’s PCE report on Friday suggests that inflation finished 2024 above the Federal Reserve's 2% target, but it didn't spiral out of control, which is "the ideal outcome" from a stock investor’s ...
48m
The Fed Is Sitting on the Sidelines, but for How Long?
The relative calm in the markets may not survive upheaval in the A.I. sector and a deluge of disruptive Trump policies, our ...
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