Fed Chairman Jerome Powell said the PCE inflation report in December is expected to show prices rose 2.6% in the past 12 months, or a somewhat higher 2.8% based on the core rate that omits food and ...

In December, economists believe the overall PCE index rose 0.3% on a monthly basis and 2.6% on an annual basis, according to ...

Markets seem to have shaken off concerns over the Chinese DeepSeek AI program, with bitcoin back over $102,000. U.S. equities ...

Inflation likely accelerated in December, putting pressure on the Federal Reserve to keep interest rates relatively high.

Chip stocks and other AI-related plays take a hit as DeepSeek’s AI model claims a reduced need for microchips.

Federal Reserve interest rate decision, Jerome Powell comments, PCE inflation, U.S. GDP, and earnings from Tesla, Meta, Microsoft, Apple and more.

This article was originally published on WealthyVC.com. Core inflation in the US cooled more than expected in December, ...

(RTTNews) - Indian shares look set to follow global peers higher on Thursday as investors react to lower-than-expected U.S. core inflation data for December and strong earnings reports from major ...

ANNAPOLIS, Maryland (Reuters) - U.S. inflation data for December indicates price pressures are continuing to ease, Richmond Federal Reserve President Thomas Barkin said on Wednesday after a government ...

The consumer price index increased a seasonally adjusted 0.4% on the month, putting the 12-month inflation rate at ... two readings likely mean that the core PCE will rise just 0.2% in December ...

US inflation rose at a slightly weaker pace ... up from 2.7 per cent previously but in line with expectations. Core inflation, however, dropped to 3.2 per cent, down from 3.3 per cent in November.