Latest PCE inflation report would justify first-half Fed rate cut: CMC
One of the most consequential takeaways from the latest PCE report showed that core inflation, which excludes volatile food and energy prices, was stable in December. An earlier reading from the CPI ...
Breaking: US core PCE inflation holds steady at 2.8% in December as expected
Inflation in the US, as measured by the change in the Personal Consumption Expenditures (PCE) Price Index, edged higher to ...
US Inflation Rises in December; Consumer Spending Accelerates
Consumer spending, which accounts for more than two-thirds of U.S. economic activity, jumped 0.7% in December after an upwardly revised 0.6% rise in November. Spending was previously reported to have ...
U.S. Consumer Prices Increase In Line With Estimates In December
The Commerce Department released a closely watched report on Friday showing consumer prices in the U.S. increased in line with ...
New Jersey Business37m
Checking In on Inflation
No economic story has been as constant in recent years as the dramatic increase in inflation from 2021 to early 2023 and its ...