The Bureau of Economic Analysis said Friday that personal consumption expenditures rose 2.6% in December, in line with expectations. Core PCE, omitting food and energy, was 2.8%.
U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, ...
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...
The Commerce Department released a closely watched report on Friday showing consumer prices in the U.S. increased in line with ...
The Commerce Department released a closely watched report on Friday showing consumer prices in the U.S. increased in line with ...
Consumer spending, which accounts for more than two-thirds of U.S. economic activity, jumped 0.7 per cent in December after ...
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 ...
US PRICES increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting interest rates for some time this year. The personal consumption expenditures ...
Overall prices were up but core inflation held steady as consumers spent more, saved less and pushed more debt to credit cards.
“The Fed’s prognosis is for a slower pace of monetary easing moving forward, as the economy is doing well and prices are only slowly returning to target in an environment of great uncertainty,” said ...
A once-dominant BlackRock Inc. bond ETF is at risk of losing its crown as the biggest inflation-hedging product of its kind, ...