Forecasts for December PCE Report Show Continued Improvement on Core Inflation
In December, economists believe the overall PCE index rose 0.3% on a monthly basis and 2.6% on an annual basis, according to ...
US GDP expected to confirm solid economic growth in Q4 despite easing from previous quarter
The United States (US) Bureau of Economic Analysis (BEA) is scheduled to release the preliminary estimate of the US Gross ...
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US Fed keeps interest rates unchanged at 4.25-4.5 pct as inflation picks up
The US Federal Reserve on Wednesday left the target range for the federal funds rate unchanged at 4.25 percent to 4.5 percent ...
Fed's Powell said PCE inflation rose 2.6% in 12 months ended in December
Fed Chairman Jerome Powell said the PCE inflation report in December is expected to show prices rose 2.6% in the past 12 months, or a somewhat higher 2.8% based on the core rate that omits food and ...
PCE Prices Seen Up 0.3% in December — Data Week Ahead
The following are median forecasts for this week's remaining U.S. data from a survey compiled by The Wall Street Journal. Forecasts were last updated Monday afternoon. (END) Dow Jones Newswires ...
Trump says Powell and Fed ‘failed to stop the problem they created’ on inflation
President Donald Trump wasted no time criticizing the Fed after it held rates steady Wednesday, arguing Jerome Powell and the ...
Fed decision looms. Where's the fanfare?
Between the nonstop news flow from the Trump White House and the reverberations from DeepSeek's artificial-intelligence ...
Cautious Fed holds rates steady with Trump unknowns looming over outlook
Investors today will be listening to how Fed Chair Jerome Powell addresses the potential effect that President Donald Trump ...
Insurancenewsnet.com6h
Is Inflation in 2024 Fueled by Supply or Demand?
Inflation picked up in October, but remains more or less on track. The Personal Consumption Expenditures Price Index (PCEPI), ...
Powell Says Change in Statement Language on Inflation Isn’t a Signal
Fed Chair Jerome Powell said Wednesday that he continues to look at the overall progress that inflation has made in moving ...
GDP, jobless claims, and pending home sales data due Thursday
As traders approach another pivotal day for financial markets, Thursday, January 30, 2025, is set to deliver a series of crucial economic data releases that could sway market dynamics. The spotlight ...