Inflation rose 2.5% over the year in January compared to 2.6% in December, marking the first decrease in four months.
Inflation is still a sore spot for the U.S. economy, but at least it didn’t get much worse at the start of the year.
Fed officials increased their forecast of inflation for 2025, putting it further from the bank’s target of 2%. The median ...
The personal consumption expenditures price index is the Federal Reserve's preferred inflation measure and a new report released Friday shows those costs increased 2.5% between January 2024 and ...
There's also the Producer Price Index (PPI), which measures prices at the wholesale level, and the Personal Consumption Expenditures Price Index (PCE), which is the Federal Reserve's preferred ...
US inflation remains at a disquieting level for Federal Reserve officials, just as the Trump administration moves forward with tariffs that risk keeping price pressures elevated. The personal ...
The Consumer Price Index for February rose by 0.2 percent (expectations of 0.3 percent and 0.5 percent) last month. Click to ...
Categories that inform the Fed’s preferred inflation measure — the personal consumption expenditures price index — were largely firmer, including a 1% increase in hospital inpatient care and ...
Vásquez / AP) U.S. wholesale inflation stagnated in February, helped by a decline in services costs and pointing to some relief on prices ... the personal consumption expenditures price index ...
US inflation remains at a disquieting level for Federal Reserve officials, just as the Trump administration moves forward with tariffs that risk keeping price pressures elevated. The personal ...