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, suggesting the Federal Reserve would probably be in no hurry to resume cutting interest rates soon.
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 modestly higher than the central bank’s target.
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
US inflation rises in December; consumer spending accelerates
U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting interest rates for some time this year. The personal consumption expenditures (PCE) price index rose 0.
December Consumer Income/Spending And Inflation
Consumers keep spending, while inflation edges higher.Personal consumption expenditures (PCE) grew by a strong 0.7 percent in December, easily
U.S. Consumer Prices Increase In Line With Estimates In December
The Commerce Department released a closely watched report on Friday showing consumer prices in the U.S. increased in line with
U.S. inflation, consumer spending ticks up to end 2024
U.S. consumers spent more in December, saved less and pushed more debt to credit cards. The PCE index found consumers saving at a 3.8% rate, down from November’s 4.1%. A report
Inflation Worsened in December. What It Means for Fed Rate Cuts.
A spike in energy prices helped to lift the headline PCE price index in December. The combined cost of gasoline, electricity, ...
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 ...
UK borrowing hits highest December level for four years
Government borrowing rose more than expected in December, hitting its highest level for the month for four years, official ...
Transport Topics11d
ATA Truck Tonnage Index Inches Down in December
The freight market finished the year on a downward slope as tonnage declined on both a monthly and annual basis in December, ...
December Personal Income And Outlays: Strong Consumption Beat Hides Subtle Cooling In Inflation
The Fed is in a holding pattern, awaiting more data, with December showing strong consumption but moderate inflation, suggesting disinflationary trends.
Wisconsin tax collections up 1.9% for December, 5.2% for fiscal year
Wisconsin collected nearly $2.1 billion in general purpose taxes and fees in December, up from $2.0 billion in the same month ...
ConsumerAffairs1d
Pending home sales dropped by 5.5% in December
The U.S. housing market faced a setback in December as pending home sales plunged by 5.5%, following a period of four ...
UGC NET December 2024 Provisional Answer Key And Response Sheet Released
The question paper with recorded responses is available on the official website, ugcnet.nta.ac.in. Candidates can submit ...