US inflation rises in December; consumer spending accelerates
U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting interest rates for some time this year. The personal consumption expenditures ...
Fed’s favoured inflation gauge ends 2024 with a muted advance
On a three-month annualised basis — seen as a more accurate picture of the trajectory of inflation — the core PCE price gauge ...
US inflation is lingering and tariffs threatened by Trump could nudge prices in wrong direction
An inflation gauge closely watched by the Federal Reserve rose slightly last month, while some underlying prices pressures ...
Inflation Worsened in December. What It Means for Fed Rate Cuts.
A spike in energy prices helped to lift the headline PCE price index in December. The combined cost of gasoline, electricity, ...