Is Inflation Finally Cooling Again? The Fed's Favorite Gauge Says So
Inflation rose 2.5% over the year in January compared to 2.6% in December, marking the first decrease in four months.
The PCE report, the Fed's preferred inflation measure, is out. Here's what it says.
A large majority of Americans say their incomes aren't keeping pace with inflation. Here's what the numbers say.
Data Says Consumer Spending Pulled Back, Which Is Bad Economic News
Inflation decelerated but people are spending less and saving more as prices keep rising and wage growth slows. It’s worrying ...
Here’s where the Fed’s preferred inflation reading landed in January
Inflation dropped slightly in January but consumer spending, the primary driver of the U.S. economy, also saw its biggest decline in four years.
January inflation eases in Fed’s preferred measure
Inflation in the Federal Reserve’s preferred price gauge eased in January after making steady increases throughout the fall.
Inflation traders brace for short-term shock from tariffs, immigration policies
Inflation traders are positioning for a consumer-price index that produces a seven-month string of annual headline inflation ...
Atlanta Fed predicts negative 1.5 percent GDP growth in first quarter
The Atlanta Federal Reserve is projecting a contraction of the nation’s gross domestic product (GDP) of 1.5 percent in the ...
The Fed’s preferred inflation gauge cooled last month, but consumer spending sank
The Federal Reserve’s preferred inflation gauge cooled as expected in January; however, the good news came with a red flag for the US economic engine: Consumers pulled back their spending by the most ...
Federal Reserve's Schmid emphasizes vigilance amid rising consumer inflation expectations
Surveys showing a rise in consumer inflation expectations mean the central bank needs to keep its focus on ensuring price ...
Fed seen resuming rate cuts in June as consumer confidence takes a dive
The Federal Reserve is likely to resume cutting interest rates in June and could reduce short-term borrowing costs again in ...
US consumer spending falls in January; monthly inflation rises
U.S. consumer spending unexpectedly fell in January, but a pick up in inflation could provide cover for the Federal Reserve ...
Inflation stays high around the US. Here's how it's impacting prices in the Mid-South
A new report shows personal consumption costs increased 0.3% nationally in January. Here's what it did in the Mid-South.