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PCE Report Shows Fed's Favorite Inflation Measure Accelerated In December
The Federal Reserve's preferred measure of inflation picked up in December, pushing the central bank's goal of a 2% annual ...
U.S. economy grew at a healthy 2.3% pace last quarter, driven by increased consumer spending
The U.S. economic outlook has become more cloudy, however. Trump has promised to cut taxes and ease regulations on business, ...
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No Immediate Rate Changes as Powell Stresses Inflation Control, Employment Balance
Nominal wage growth eased over the last year and the jobs-to-workers ration has dropped for a better fit of company ...
US inflation increases in December; consumer spending robust
U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, ...
The Fed’s go-to inflation gauge heated up again
The Federal Reserve’s preferred inflation gauge moved even higher in December, driven largely by rising energy prices as well as food. However, a closely watched measurement of underlying inflation ...
Key Fed measure shows core inflation at 2.8%, in line with expectations
The personal consumption expenditures price index for December was expected to show a 2.6% increase on an annual basis ...
Fed's Favorite Inflation Gauge Rises As Predicted, Consumer Spending Jumps At Fastest Pace In 9 Months (UPDATED)
This story has been updated with additional details. The Federal Reserve’s preferred inflation measure surged as predicted ...
January Inflation Data: What Economists Expect From the CPI Report
The closely scrutinized monthly consumer-price index is due this morning. Here are the key points: Economists expect the CPI increased 2.9% from a year earlier, the same rate seen in December. An ...
GDP Prints At Just 2.3%; 40 Bps Below Expectations
GDP growth for Q4 2024 was 2.3%, below the 2.7% consensus estimate and our forecast range of 2.75% (+/-25 bps). Read more on ...
The US economy ended 2024 with cooler growth than expected in the fourth quarter
Real GDP growth in the fourth quarter was short of the expected 2.7% increase.
Fed's Favorite Inflation Gauge Rises As Predicted, Consumer Spending Jumps At Fastest Pace In 9 Months
PCE inflation rises 2.7% y/y, exceeding forecasts. Core PCE holds at 2.8%. Fed raises 2025 inflation outlook. Dollar and ...