Wholesale prices rose less than expected in December, a positive sign for the economy amid recent market fears that inflation isn't falling as quickly as hoped to the Federal Reserve's 2% target.
By Jeanna Smialek Federal Reserve officials are closely watching how inflation shapes up as they contemplate when and how much to cut interest rates in 2025, and the latest inflation data offers ...
Spencer Platt / Getty Images Inflation was unexpectedly cool in November, as measured by Personal Consumption Expenditures (PCE), the measure preferred by Federal Reserve policymakers. The yearly ...
In November, a Cabinet Minister reportedly stated at a press conference that the Reserve Bank of India (RBI) should focus on growth and not be concerned with food price inflation. Though the ...
First, inflation using the Personal Consumption Expenditures measure, which is the Federal Reserve’s preferred measure when making decisions: PCE inflation rates over time. Put succinctly ...
Inflation was more manageable than expected in November, according to the Federal Reserve’s favored measure of price changes, as sticky inflation douses investors and borrowers’ hopes of much ...
But low unemployment and strong job growth have a downside: A robust job market can drive higher inflation, setting the Federal Reserve on a course to try to reduce it — which can mean a longer ...
But what economists call “soft landings” – when an economy slows just enough to curb inflation, but not enough to cause a recession – are only soft until they aren’t. As we turn to 2025 ...
The Federal Reserve’s preferred measure of underlying inflation was muted in November, a step in the right direction for policymakers looking to cut interest rates further in 2025. The so-called ...
Remember when inflation was “transitory”? “We have in recent months seen some inflation,” Treasury Secretary Janet L. Yellen said in June 2021, adding that the United States would probably ...
TOKYO, Dec 27 (Reuters) - Core inflation in Japan's capital accelerated in December while services inflation held steady, data showed on Friday, keeping alive market expectations for a near-term ...
The Federal Reserve’s preferred inflation gauge moved slightly higher in November — but not as much as economists were expecting, an indication that price hikes aren’t accelerating in a ...