Inflation rose to 2.6% in Fed’s preferred gauge in December
Inflation rose two-tenths of a percentage point to 2.6% for the year ending in December, the Bureau of Labor Statistics reported Friday in an update to the personal consumption expenditures index, the ...
Key US inflation gauge posts largest monthly rise since last April
The increase was in line with economists' expectations. In the 12 months through December, the PCE price index advanced 2.6%.
Fed’s preferred inflation gauge posts largest monthly gain since April as tariff fears boost spending
US inflation increased by the most in eight months in December amid a surge in consumer spending, suggesting the Federal ...
High Inflation Sows Debate About New Fed Playbook for Tariffs
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect ...