The dynamic is reflected in the chart below, which shows low-income inflation increases outpacing those for the other four ...
The central bank uses a similar but different inflation gauge than the CPI, known as the personal consumption expenditures price index, or PCE. "The bulk of this progress is behind us now and ...
The core PCE inflation is one of the measures tracked by the Fed for monetary policy. A line chart titled "Annual change in US Producer Price Index" that tracks the metric over the past 5 years.
U.S. consumer sentiment weakened in January for the first time in six months amid worries about the labor market and ...
The US economy grew by less than forecast in the first three months of this year but inflation gathered pace, which could delay an interest rate cut. Official figures revealed the economy expanded ...
The benchmark S&P 500 ( ^GSPC) popped more than 1.8%, while the Dow Jones Industrial Average ( ^DJI) rose more than 1.6%, or ...
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December. That's up from 2.7% in November. Energy, food, new and used vehicles, car insurance and airline fares were ...