The PCE report, the Fed's preferred inflation measure, is out. Here's what it says.
A large majority of Americans say their incomes aren't keeping pace with inflation. Here's what the numbers say.
Is Inflation Finally Cooling Again? The Fed's Favorite Gauge Says So
Inflation rose 2.5% over the year in January compared to 2.6% in December, marking the first decrease in four months.
Here’s where the Fed’s preferred inflation reading landed in January
Inflation dropped slightly in January but consumer spending, the primary driver of the U.S. economy, also saw its biggest decline in four years.
US economy expanded at 2.3% annual pace from October to December
The American economy grew at a solid 2.3% annual rate the last three months of 2024, supported by a burst of year-end consumer spending, the government said, leaving unchanged its initial estimate of ...
Fed's favorite core inflation measure hits 2.6% in January, as expected
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 ...
Stock Futures Tick Higher After PCE Inflation Data
Stock futures ticked higher after the Federal Reserve’s preferred inflation gauge came in as expected in January. The personal consumption expenditures price index rose 0.3% in January from December.
The Associated Press on MSN13d
Japan’s economy grows more than expected on strong exports and moderate consumption
(AP Photo/Koji Sasahara, File) TOKYO (AP) — Japan’s economy grew at a better-than-expected annual rate of 2.8% in ...
KSNT Topeka on MSN2d
New data shows inflation cooled slightly in January
A new report out from the Commerce Department shows inflation cooled off slightly last month. Doug Ford's landslide win sets ...