US inflation rise in December; consumer spending accelerates
U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting ...
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 interest rates for some time this year. The personal consumption expenditures ...
Fed’s Goolsbee Lauds Inflation Progress But Supports Slower Pace
Federal Reserve Bank of Chicago President Austan Goolsbee praised the latest inflation data, adding it’s appropriate to lower interest rates as price growth slows.
Fed’s favoured inflation gauge ends 2024 with a muted advance
On a three-month annualised basis — seen as a more accurate picture of the trajectory of inflation — the core PCE price gauge ...
The World Economy Awaits Trump’s First Round of Tariffs
According to Tom Kloza, the global head of energy analysis at Oil Price Information Service, if fuel producers respond to the ...
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 ...
Trump may be his own worst enemy in his fight against the Fed
Trump said Powell and the Fed "failed to stop the problem they created with inflation" in a post on Truth Social on Wednesday ...
US inflation is lingering and tariffs threatened by Trump could nudge prices in wrong direction
The latest inflation figures arrive as President Donald Trump has threatened to impose big import taxes on goods from Canada ...
Key Fed measure shows core inflation at 2.8%, in line with expectations
Inflation closed out 2024 on a strong note, as a price gauge the Federal Reserve focuses on came in well above the central ...