Inflation Eased Slightly in January, Fed’s Preferred Gauge Showed
The central bank’s preferred inflation measure, released on Friday, climbed 2.5 percent in January from a year earlier, slightly lower than the previous reading of 2.6 percent but still well above the Fed’s 2 percent target. On a monthly basis, prices increased 0.3 percent, in line with December’s pace.
A new report shows personal consumption costs increased 0.3% nationally in January. Here's what it did in the Mid-South.
Yes, inflation has hammered households since 2021 and it has been horrific. The CPI ended January 23.4% above December 2019, ...
The Federal Reserve's preferred inflation gauge, known as the personal consumption expenditures index, rose in December in ...
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December wholesale prices up a hot 0.4% as fight against inflation appears to have stalledThe Labor Department reported Thursday that its producer price index — which tracks inflation before it reaches consumers — rose 0.4% from December and 3.5% from January 2024. The monthly increase ...
Howard Schnapp / Newsday RM via Getty Images 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.
New data may point to emerging tension between the U.S. Federal Reserve's dual inflation and employment goals, as price ...
The Federal Reserve’s preferred inflation gauge cooled as expected in January; however, the good news came with another ...
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