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Inflation Worsened in Dec.. What It Means for Fed Rate Cuts.
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, and other energy goods and services jumped 2.7% durin
The Fed’s Preferred Inflation Measure Ticked Up Slightly in December
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
Inflation gauge favored by Fed showed price growth picked up in December
The Federal Reserve's preferred inflation gauge, known as the personal consumption expenditures index, rose in December in line with economists' expectations.
13m
on MSN
U.S. 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, the latest sign that some consumer prices ...
1d
South Africa producer inflation at 0.7% y/y in December
South Africa's producer inflation was at 0.7% year on year in December from -0.1% in November, statistics agency data showed ...
Legit on MSN
7h
How CBN stopped inflation rate from hitting dangerous 42.81% mark
The governor of the Central Bank of Nigeria (CBN) has said that the intervention of the monetary policy committee prevented ...
2d
on MSN
Inflation has gone up for the third straight month, but switching bank accounts could help protect your funds
Knowing when to switch bank accounts can be stressful, especially as inflation rises. Find out how to know it's time to ...
15h
Core inflation in Japan's capital hits 1-year high, keeps BOJ rate-hike bets alive
Core inflation in Japan's capital hit 2.5%, marking the fastest annual pace in nearly a year, well exceeding the central bank ...
3d
Here’s What To Expect From January’s CPI Inflation Figures
The Consumer Price Index report for January is expected to show broadly unchanged annual inflation according to nowcasts. That may be broadly good news for the Fed.
1d
Fed hold rates steady, sees inflation as ‘elevated’; Powell declines comment on Trump
The Fed said the job market is “solid,” and noted that the unemployment rate “has stabilized at a low level in recent months.
22h
Fed's wait-and-see approach likely won't be shaken by new GDP and inflation numbers
A new GDP report Thursday and the expectation of a sticky inflation reading Friday should reinforce the Federal Reserve’s new ...
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