The Fed is well known to view core PCE as its inflation indicator of choice. However, wealth managers have their own ...
Inflation rose 2.5% over the year in January compared to 2.6% in December, marking the first decrease in four months.
Excluding food and energy, the core PCE also rose 0.3% for the month and was at 2.6% annually. Fed officials more closely follow the core measure as a better indicator of longer-term trends. The ...
A social-media driven protest called on consumers to boycott major businesses Friday and shop at local small businesses instead.
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.
WASHINGTON (NEXSTAR) — A new report out from the Commerce Department shows inflation cooled off slightly last month. The ...
A large majority of Americans say their incomes aren't keeping pace with inflation. Here's what the numbers say.
Personal income jumped by 0.9 percent in January, while personal consumption expenditures fell by 0.2 percent. Click to read.
The latest reading of the Federal Reserve's preferred inflation gauge showed that prices rose in line with economists' ...
The euro dropped on Friday, after a meeting between Ukrainian President Volodymyr Zelenskiy and U.S. President Donald Trump ...
The central bank’s preferred inflation measure, released on Friday, climbed 2.5 percent in January from a year earlier, ...