Inflation Eased Slightly in January, Fed’s Preferred Gauge Showed
The central bank’s preferred inflation measure, released on Friday, climbed 2.5 percent in January from a year earlier, slightly lower than the previous reading of 2.6 percent but still well above the Fed’s 2 percent target. On a monthly basis, prices increased 0.3 percent, in line with December’s pace.
U.S. consumer spending fell for the first time in nearly two years in January and the goods trade deficit widened to a record ...
The American economy grew at a solid 2.3% annual rate the last three months of 2024, supported by a burst of year-end ...
Personal consumption expenditures inflation rose 0.3% in January for an annual rate of 2.5%, the Bureau of Economic Analysis ...
U.S. consumer spending unexpectedly fell in January while the annual increase in inflation slowed, supporting financial ...
The US Bureau of Economic Analysis will release the January PCE Price Index at 7:00 PM today, a key inflation gauge that ...
The drop may raise alarms about whether Americans are growing more cautious amid widespread uncertainty about the economic ...
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