Key Fed Indicator Shows Inflation Rose in December
The core index, one that strips volatile food and energy costs and is used by the Fed in setting interest rates, rose 0.2% in December and 2.8% annually, unchanged from November.
The Fed’s go-to inflation gauge heated up again
The Federal Reserve’s preferred inflation gauge moved even higher in December, driven in part by rising food and energy prices. However, a closely watched measurement of underlying inflation trends indicated some progress in the fight to rein in price hikes.
PCE Report Today: Inflation Sped Up in December, Based on Fed's Favored Gauge
The Federal Reserve's preferred inflation measure showed price rises accelerated slightly in December, moving further away from the central bank's 2% target. The personal-consumption expenditures, or PCE,
Inflation gauge favored by Fed showed price growth picked up in December
The Federal Reserve's preferred inflation gauge, known as the personal consumption expenditures index, rose in December in line with economists' expectations.
Fed’s inflation gauge heats back up
(CNN)– The federal reserve’s preferred inflation gauge heated up again in the final month of 2024. The Personal Consumption Expenditures Price Index rose 2.6% year-over-year in December. That’s up from November’s 2.4%.
Fed's favored inflation gauge accelerates further in December
The US Federal Reserve's preferred inflation measure accelerated for a third month in a row in December, according to government data published Friday, while underlying inflation was unchanged.
Fed's inflation gauge jumps in December
The US Federal Reserve's preferred inflation measure accelerated for a third month in a row in December, according to government data published Friday, while underlying inflation was unchanged. The personal consumption expenditures (PCE) price index rose 2.
PCE: U.S. consumer prices rose 2.6% in December
The Bureau of Economic Analysis said Friday that personal consumption expenditures rose 2.6% in December, in line with ...
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PCE Price Index Reveal: Key Insights into Inflation Trends Set for Today
PCE Data to be Released Today The US Personal Consumption Expenditures Price Index data for December 2024 is expected to be published to. This will give the critical inflation ...
PCE Inflation Accelerated in December
The measure of price increases targeted by the Fed sped up in December, reflecting a stubborn spell of inflation that remains ...
December PCE inflation expected to tick up, but that's no cause for alarm
The personal income and outlays report, which the Commerce Department will release on Friday morning, will provide detail on ...
U.S. Consumer Price Growth Matches Estimates In December
The Commerce Department released a closely watched report on Friday showing consumer prices in the U.S. increased in line with ...
Inflation Rises In Key Report Tracked By Federal Reserve
The personal consumption expenditures (PCE) price index rose 2.6 percent in the 12 months to December, up from 2.4 percent in November ...
Key US inflation measure posts largest monthly gain since last April
STORY: U.S. inflation increased by the most in eight months in December, suggesting the Federal Reserve will likely be in no hurry to resume cutting interest rates.The Commerce Department's Personal ...
Core PCE price index takes center stage in Friday's economic lineup
As traders approach another pivotal day for financial markets, a series of crucial decisions and economic data releases that ...