Inflation dropped slightly in January but consumer spending, the primary driver of the U.S. economy, also saw its biggest decline in four years.
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Inflation pressures continued to moderate in January, which may give the Federal Reserve reason to lower interest rates again ...
Thomas Ryan, an economist at Capital Economics, attributed the decline in part to “unseasonably severe winter weather,” but ...
The Personal Consumption Expenditures (PCE) report is out and it brings a deep dive into the state of the U.S. economy and ...
The Federal Reserve won’t cut interest rates again until it's convinced the rate of inflation has resumed slowing. Even a decline in the yearly inflation rate in January is not enough to persuade them ...
The central bank wants to see further progress that price pressures are easing before it lowers interest rates again.
Inflation in the Federal Reserve’s preferred price gauge eased in January after making steady increases throughout the fall.
The Federal Reserve’s key measure of inflation cooled slightly in January, giving investors a glimmer of hope for interest rate cuts.
The latest reading of the Federal Reserve's preferred inflation gauge showed prices rose on a monthly basis but dropped year ...