The PCE price index for April was expected to show an annual inflation rate of 3.8% for all items and 3.3% for core.
Ahead of Warsh's debut as the top Fed banker, monetary policy is essentially neutral for the first time in 2½ yrs, according ...
The core PCE price index, the Fed's preferred inflation gauge, accelerated a seasonally adjusted 0.3% for the month, pushing the 12-month inflation rate to 3.2%. Headline prices rose 0.7%, putting the ...
Consumer prices surged 3.8% in April from a year ago. That's according to data released today from the Department of Labor. SACHA PFEIFFER, HOST: It's the highest annual reading since May 2023, and it ...
The conflict in the Middle East has pushed prices higher this year. The latest data from the Bureau of Economic Analysis suggests the worst of the price hikes may be in the rearview mirror.
Fresh inflation data now suggests the challenge may be deeper and longer-lasting than many expected. Americans don’t need a press release to know that inflation is rising. Gasoline is above $4 per ...
Core inflation — which strips out prices of fresh food — was lower than the 1.7% expected by economists polled by Reuters and ...
Add Yahoo as a preferred source to see more of our stories on Google. The Labor Department’s March CPI shows how prices are changing, from groceries and rent to gas. Headline inflation rose 3.3% from ...
A gap is widening between two key measures of underlying U.S. inflation. Unfortunately for newly confirmed Federal Reserve ...