Key US inflation gauge posts largest monthly rise since last April
The increase was in line with economists' expectations. In the 12 months through December, the PCE price index advanced 2.6%.
Bill McEwen59m
US Inflation Lingers, Tariffs Threatened by Trump Could Nudge Prices in Wrong Direction
U.S. Inflation gauge rises as Trump's tariff threats loom, potentially pushing prices higher in coming months.
The Fed’s Preferred Inflation Measure Ticked Up Slightly in December
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
PBS1h
Tariffs threatened by Trump could nudge prices in wrong direction as US inflation lingers
Friday’s report from the Commerce Department showed that consumer prices rose 2.6% in December from a year earlier, up from a ...
Fed’s preferred inflation gauge posts largest monthly gain since April as tariff fears boost spending
“The Fed’s prognosis is for a slower pace of monetary easing moving forward, as the economy is doing well and prices are only slowly returning to target in an environment of great uncertainty,” said ...
Wages and benefits for American workers see smallest gains in three years
The numbers: Wages and benefits for American workers continued to decelerate in the fourth quarter, the Labor Department said Friday. The employment cost index rose at a 3.8% clip in the 12 months ...
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 expectations. Core PCE, omitting food and energy, was 2.8%.