Fed's Powell said PCE inflation rose 2.6% in 12 months ended in December
Fed Chairman Jerome Powell said the PCE inflation report in December is expected to show prices rose 2.6% in the past 12 months, or a somewhat higher 2.8% based on the core rate that omits food and ...
Here's the inflation breakdown for December 2024 — in one chart
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...
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PCE Prices Seen Up 0.3% in December — Data Week Ahead Update
2.2% Friday 0830 Employment Cost Index 4Q +0.9% (20) +0.8% 0830 Personal Income Dec +0.4% (23) +0.3% 0830 Consumer Spending Dec +0.6% (23) +0.4% 0830 PCE Prices M/M Dec +0.3% (18) +0.1% 0830 PCE ...
Gold News: Can Fed Signals and PCE Inflation Data Spark a Gold Breakout?
Gold prices rally as dollar weakens and inflation fears rise. Will the Fed’s next move and PCE data push gold above its ...
A Fed on hold, for now, eyes strong jobs, easing inflation
At their last meeting in December, U.S. Federal Reserve officials were worried about inflation getting stuck above their 2% ...