The Fed’s Preferred Inflation Measure Ticked Up Slightly in December
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
Inflation gauge favored by Fed showed price growth picked up in December
The Federal Reserve's preferred inflation gauge, known as the personal consumption expenditures index, rose in December in ...
High Inflation Sows Debate About New Fed Playbook for Tariffs
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect ...
Fed’s Bowman Wants More Inflation Progress Before Cutting Rates
Federal Reserve Governor Michelle Bowman said she wants to see additional progress on inflation before the central bank ...
Fed's preferred inflation gauge rises as expected, personal spending surges in December
The Core PCE Price Index, the Federal Reserve's preferred measure of inflation, increased 0.2% M/M in December, in line with ...
The Fed’s go-to inflation gauge heated up again
The Federal Reserve’s preferred inflation gauge moved even higher in December, driven in part by rising food and energy prices. However, a closely watched measurement of underlying inflation trends ...
Inflation Ticked Higher Last Month, in Latest Sign of Persistent Price Pressures
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...
Inflation rose to 2.6% in Fed’s preferred gauge in December
Inflation rose two-tenths of a percentage point to 2.6% for the year ending in December, the Bureau of Labor Statistics reported Friday in an update to the personal consumption expenditures index, the ...
Fed’s Preferred Inflation Gauge Won’t Show the Progress Officials Want to See
Inflation data coming Friday should show a quicker rise in consumer prices at the end of 2024, supporting the Federal Reserve ...
Bowman: Inflation risks to the upside, further rate cuts should be gradual, cautious
Federal Reserve governor Michelle Bowman said she still expects declining inflation to allow further interest rate cuts this ...
Fed pauses interest rate cuts as inflation, Trump's plans create uncertainty
The Federal Reserve kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and ...