PCE data lifts Treasury yields and the dollar as the Fed's preferred inflation gauge meets expectations. The price index rises 2.6% in December from a year before, up from 2.4% in the 12 months ...
Whisper it, but maybe life’s not so bad for many of the world's central bankers right now. But James Smith, ever the optimist, reckons that’s not going to last long. From tariffs to tech tantrums, ...
The Federal Reserve’s preferred inflation measure accelerated slightly in December, as price growth remains stubbornly above ...
The Federal Reserve’s preferred inflation gauge moved even higher in December, driven largely by rising energy prices as well ...
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...
After the inflation report, released at the same time as hawkish monetary policy remarks from Fed Governor Michelle Bowman, traders of futures that settle to the Fed's policy rate priced in about a 70 ...
Stock futures held onto earlier gains after the Federal Reserve’s preferred inflation gauge matched expectations. Dow futures were up 0.3%. S&P 500 futures were up 0.4%. Nasdaq 100 futures were up 0.7 ...
The PCE Price Index year over year rose 2.6% in December, in line with forecasts and following an increase of 2.4% in ...
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
WASHINGTON (Reuters) - Federal Reserve governor Michelle Bowman said she still expects declining inflation to allow further ...
The Federal Reserve's preferred inflation gauge, known as the personal consumption expenditures index, rose in December in ...