Data released Wednesday showed that consumers slashed their spending by the most since February 2021, even as their incomes ...
A key price gauge declined last month, a sign that inflation may be cooling though stiff tariffs threatened by the White ...
Inflation pressures continued to moderate in January, which may give the Federal Reserve reason to lower interest rates again ...
Personal consumption expenditures inflation rose 0.3% in January for an annual rate of 2.5%, the Bureau of Economic Analysis ...
The Personal Consumption Expenditures (PCE) report is out and it brings a deep dive into the state of the U.S. economy and ...
The central bank wants to see further progress that price pressures are easing before it lowers interest rates again.
A yardstick of consumer prices used by the Federal Reserve to track U.S. inflation rose fast enough in January to keep the central bank from cutting interest rates anytime soon. The Fed’s preferred ...
The Federal Reserve won’t cut interest rates again until it's convinced the rate of inflation has resumed slowing. Even a decline in the yearly inflation rate in January is not enough to persuade them ...