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.
Personal consumption expenditures inflation rose 0.3% in January for an annual rate of 2.5%, the Bureau of Economic Analysis ...
U.S. consumer spending unexpectedly fell in January, but a pick up in inflation could provide cover for the Federal Reserve ...
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Photo: U.S. consumers cut back sharply on spending last month, the most since February 2021, even as inflation declined, ...
Just 55 single-family homes in Palm Beach County sold for less than $300,000 in January with nearly 500 selling for $600,000 ...
The U.S. Commerce Department's Personal Consumption Expenditures (PCE) price index increased 0.3% in January after advancing ...
Cold weather and higher natural gas prices raised household costs, particularly stressing the budgets of lower-income ...
At least eight senior federal prosecutors who worked on the January 6, 2021, US Capitol riot cases have been demoted to entry-level jobs, according to multiple sources and memos obtained by CNN.
A key price gauge declined last month, a sign that inflation may be cooling though stiff tariffs threatened by the White ...
The Personal Consumption Expenditures (PCE) report is out and it brings a deep dive into the state of the U.S. economy and ...
Key Takeaways Income rose and spending fell in January, as households socked away cash, a government report said ...
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