Fed's preferred inflation gauge rises
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 consensus estimate and ticking up from +0.1% in November, according to data released by the U.S. Commerce Department on Friday.
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 ...
The Consumer Price Index report for January is expected to show broadly unchanged annual inflation according to nowcasts. That may be broadly good news for the Fed.
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The Commerce Department released a closely watched report on Friday showing consumer prices in the U.S. increased in line with ...
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...
Of course, you probably don’t spend on the exact same things, or buy the exact same amount, as people on the other side of ...
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