Inflation Eased Slightly in January, Fed’s Preferred Gauge Showed
Thomas Ryan, an economist at Capital Economics, attributed the decline in part to “unseasonably severe winter weather,” but warned that the Fed’s job will become “trickier if January’s sharp decline in consumption was a sign of consumer strength buckling.”
Stock Futures, Inflation
Inflation is still a sore spot for the U.S. economy, but at least it didn’t get much worse at the start of the year.
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The U.S. Commerce Department's Personal Consumption Expenditures (PCE) price index increased 0.3% in January after advancing ...
DURHAM, N.C. (WTVD) -- According to the Personal Consumption Expenditures Price Index, inflation cooled slightly in January, though other metrics highlighted a continued level of economic strain.
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