Fed's preferred inflation gauge rises as expected, personal spending surges in December
The Core PCE Price Index, the Federal Reserve's preferred measure of inflation, increased 0.2% M/M in December, in line with the consensus estimate and ticking up from +0.1% in November, according to data released by the U.S. Commerce Department on Friday.
The measure of price increases targeted by the Fed sped up in December, reflecting a stubborn spell of inflation that remains ...
U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting ...
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices remain stubbornly elevated, even as inflation is cooling in fits and start ...
The price gauge used by the Federal Reserve to help set U.S. interest rates accelerated in December, pushing the bank further ...
The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's ...
South Africa's producer inflation was at 0.7% year on year in December from -0.1% in November, statistics agency data showed ...
Unemployment also rose from 2.3% to 3.2% in Jackson County and from 3% to 4.6% in Jennings County over the same period.
The governor of the Central Bank of Nigeria (CBN) has said that the intervention of the monetary policy committee prevented ...
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