Inflation remained stubbornly high last month, but it hasn’t stopped Americans from spending. The Personal Consumption Expenditures price index — a closely watched inflation gauge favored by ...
“The Fed has effectively moved to the sideline, postponing any thought of a rate cut until the inflation data show sustained ...
WASHINGTON -- A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Fed's reluctance to cut interest rates anytime soon.
The Federal Reserve’s preferred measure of inflation showed prices once again rose at an unexpectedly brisk rate in March, marking another setback for rate-cut timing. The core Personal ...
Inflation ticked up to 2.7% for the year ending in March, as measured by the personal consumption expenditures price index, which is the gauge favored by the Federal Reserve. The 0.2 percentage ...
WASHINGTON: Underlying US inflation probably moderated in April for the first time in six months, offering a ray of hope that ...
The economy added 175,000 jobs last month, a slowdown in hiring. The unemployment rate ticked up to 3.9 percent.