The 12-month core measure showed a step down from the upwardly revised 2.9% level in December. Headline inflation eased by ... sharper increase than expected, up 0.9% on the month against ...

2.9% in December, and 3% in January. Now — cross your fingers — with the decline to 2.8%, the hope is that what appeared to be a second coming of inflation during the Biden years has stopped.

The Fed releases a report called the Summary of Economic Projections (SEP) four times per year, which tells the public where ...

Inflation slowed more than expected last month. The consumer price index, an inflation measure, increased 2.8% year-over-year in February. That's under the forecast of 2.9% and January's rate of 3%.

On Tuesday, The Conference Board said year-ahead inflation expectations ratcheted up ... a 2.5% Y/Y rise, matching the consensus and slowing from +2.6% in December. Personal income jumped 0.9% ...

The core PCE Price Index, which excludes volatile food and energy prices, increased 2.6% on a yearly basis in January, down from 2.9% in December ... high inflation in a country pushes up the ...

At the time of press, the index was up 0.1% on the day at 103.50 ... The US Consumer Price Index is forecast to rise 2.9% YoY in February. The core CPI inflation is seen a tad lower at 3.2% ...

Food inflation has recently ticked down against a backdrop of rising overall inflation. Food-at-home prices rose at a 1.9% annual clip in January, up from 1.8% in December. Overall inflation rose to 3 ...

The inflation ... measure is 2%. The "core" PCE price index decelerated to 2.65% in January from 2.86% in December, which was rounded to 2.6% in January from the upwardly revised 2.9% in December ...

Headline PCE declined slightly from 2.6% in December, while core PCE dropped from 2.9% last month ... the push to ramp up deportations could tighten the job market and revive inflation pressures ...

Inflation ticked up ... rose 2.6% over the past year. Friday’s results fell in line with economists’ expectations, and signaled easing inflation after a 2.6% year-over-year jump in December.