U.S. consumer spending increased slightly more than expected in October, suggesting the economy retained much of its solid ...
Fed officials had been hoping this fall for a clean downtrend in inflation, allowing them to focus more fully on preventing ...
The core PCE inflation measure is half of its 2022 peak, but it’s higher than it ever was from 1994 to 2020 as price ...
U.S. consumer spending increased slightly more than expected in October, suggesting the economy retained much of its solid ...
The Federal Reserve’s preferred inflation measure remained above the central bank’s 2% target pace in the year through ...
Inflation has been stubborn in recent months. Now, President-elect Donald J. Trump’s tariffs loom as a potential risk.
The core version of the Fed’s preferred 12-month inflation gauge ticked back up to 2.8% as expected last month.
Donald Trump campaigned on a promise of taming inflation but the tariffs he announced Monday will likely stoke it even before he takes office.
Market participants hoping for a more dovish stance on monetary policy had a mixed reaction to the latest inflation data. The ...
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