The Fed is well known to view core PCE as its inflation indicator of choice. However, wealth managers have their own ...
A social-media driven protest called on consumers to boycott major businesses Friday and shop at local small businesses instead.
Inflation is still a sore spot for the U.S. economy, but at least it didn’t get much worse at the start of the year.
WASHINGTON (NEXSTAR) — A new report out from the Commerce Department shows inflation cooled off slightly last month. The ...
Excluding food and energy, the core PCE also rose 0.3% for the month and was at 2.6% annually. Fed officials more closely follow the core measure as a better indicator of longer-term trends. The ...
Inflation rose 2.5% over the year in January compared to 2.8% in December, marking the first decrease in four months.
The Federal Reserve’s preferred inflation gauge cooled as expected in January, providing a hopeful data point to price-weary Americans.
A large majority of Americans say their incomes aren't keeping pace with inflation. Here's what the numbers say.
Personal income jumped by 0.9 percent in January, while personal consumption expenditures fell by 0.2 percent. Click to read.
The latest reading of the Federal Reserve's preferred inflation gauge showed that prices rose in line with economists' ...
The decline in the personal consumption expenditures index from 2.6% the month before was in line with expectations.
Most analysts are staying on the sidelines. Of the 18 analysts covering WBA tracked by S&P Global Market Intelligence, four ...
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