The latest inflation data will likely reinforce the central bank’s cautious approach when it meets to decide on cutting ...
October's increase in the core PCE (personal consumption expenditure) price index is expected to hang out at +0.3% month-over ...
The Fed follows a broad dashboard of indicators to gauge inflation but uses the PCE figure specifically for its forecasting ...
The Federal Reserve’s preferred measure of underlying inflation accelerated in October from a year ago, helping explain ...
Fed officials had been hoping this fall for a clean downtrend in inflation, allowing them to focus more fully on preventing ...
The core version of the Fed’s preferred 12-month inflation gauge ticked back up to 2.8% as expected last month.
Analysis of the October Core PCE Price Index and other key economic indicators, including personal income and outlays.
An inflation gauge, closely watched by Federal Reserve policymakers, ticked higher in October, though it remains near the Fed's inflation target. The Commerce Department on Wednesday reported that ...
October's Personal Consumption Expenditures report is the latest data the Fed will consider in its next interest rate ...
WATCH: 3 things to know about egg prices and shortages According to the Federal Reserve’s preferred inflation gauge, consumer prices ... only modestly above the Fed’s 2% target.
Inflation has fallen sharply since it peaked at 7% in mid-2022, according to the Fed’s preferred measure. Yet yearly core ...
Consumer price increases accelerated last month, the latest sign that inflation’s steady decline over the past two years has ...