U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting ...

U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting ...

Failed to fetch dynamically imported module: https://finance.yahoo.com/assets/_app/immutable/nodes/2.COWbVb-l.js ...

U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, ...

The Federal Reserve's preferred inflation gauge, known as the personal consumption expenditures index, rose in December in ...

Consumer spending, which accounts for more than two-thirds of U.S. economic activity, jumped 0.7 per cent in December after ...

PCE inflation rises 2.7% y/y, exceeding forecasts. Core PCE holds at 2.8%. Fed raises 2025 inflation outlook. Dollar and ...

The Federal Reserve’s preferred inflation gauge moved even higher in December, driven largely by rising energy prices as well ...

The core index, one that strips volatile food and energy costs and is used by the Fed in setting interest rates, rose 0.2% in December and 2.8% annually, unchanged from November.

“The Fed’s prognosis is for a slower pace of monetary easing moving forward, as the economy is doing well and prices are only slowly returning to target in an environment of great uncertainty,” said ...

Overall prices were up but core inflation held steady as consumers spent more, saved less and pushed more debt to credit cards.