US Inflation Increases in December; Consumer Spending Robust
Consumer spending, which accounts for more than two-thirds of U.S. economic activity, jumped 0.7% in December after an ...
Hosted on MSN6d
US Core PCE Muted, Consumer Spending Solid in Dec.
The Federal Reserve's preferred measure of underlying US inflation, the so-called core personal consumption expenditures price index saw a modest rise of 0.2% from November, while household spending ...
The Fed’s go-to inflation gauge heated up again
The Federal Reserve’s preferred inflation gauge moved even higher in December, driven in part by rising food and energy prices. However, a closely watched measurement of underlying inflation trends ...
3 ways higher inflation could actually boost your portfolio, according to BNY Wealth
Mildly sticky inflation shouldn't give investors cause for concern, according to BNY Wealth. Here are 3 trades for rising ...
Markets Bide Time as Zero Hour Nears on Tariffs
Tariffs aside, markets will have preliminary inflation readings from Germany and France to chew on later in the day. The European Central Bank on Thursday left the door open to further rate cuts, ...
CoinDesk6d
Crypto Daybook Americas: USDC Takes January Crown as Bitcoin Looks to Core PCE Data
As we keep an eye on the macro landscape, the pivotal U.S. core PCE — the Fed’s go-to measure for inflation — is set to be ...
Business Insider27d
What BofA says it would take for the Fed's next rate move to be a hike
The analysts say the Fed is likely done with its easing cycle after a strong December jobs report, which showed the US economy added ... be in play if y/y core PCE inflation exceeds 3% and/or ...
PCE Inflation Accelerated in December
The measure of price increases targeted by the Fed sped up in December, reflecting a stubborn spell of inflation that remains ...
EconoTimes7d
PCE Price Index Reveal: Key Insights into Inflation Trends Set for Today
PCE Data to be Released Today The US Personal Consumption Expenditures Price Index data for December 2024 is expected to be published to. This will give the critical inflation ...
U.S. News & World Report23d
US Producer Prices Rose 0.2% Last Month on Higher Energy Costs
US Producer Prices Rose 0.2% Last ... U.S. markets leapt higher immediately on the new inflation data. Excluding food and energy prices, so-called core wholesale inflation was unchanged from ...
Indiatimes22d
US core inflation eases for first time in six months
US consumer prices rose in December by less than forecast after months of faster underlying inflation persuaded the Federal Reserve to signal a pause in interest-rate cuts. The so-called core cons ...
London South East22d
Gasoline pushes US inflation higher in December, core CPI undershoots
(Sharecast News) - The cost of living in the US rose more quickly than expected ... latest data pointed to a "muted" increase in the core PCE inflation gauge of 0.14% in December.