Due to the stronger-than-expected jobs report, Bank of America economists revised the Fed outlook for this year: “We no ...

CNBC PCE data was better than expected and we're on path to get inflation to 2%: Chicago Fed's Goolsbee Posted: December 20, 2024 | Last updated: December 20, 2024 Austan Goolsbee, Chicago Fed ...

This contradicts months of claims from Jerome Powell who has insisted that price inflation was rapidly returning to the Fed's ...

U.S. producer prices rose less than expected in December as higher costs for goods were partially offset by stable services ...

The November Personal Consumption Expenditures (PCE) data—the Federal Reserve's preferred gauge of inflation—was released Friday morning, coming in slightly below economists' expectations.

A cut in January would require a potent combination of weak employment data in early January and lower-than-expected core CPI [consumer-price index] and PCE [personal consumption expenditures ...

Friday's lower open in U.S. stocks and decline in Treasury yields indicates market participants were taking a bit of a split view on November's PCE inflation data. The morning drop in all three ...

Friday’s PCE data will come after the Fed cut interest rates by another 0.25% this week. Analysts expect the pace of cuts to slow in 2025 as progress on inflation slows and the labor market ...

A jump in energy prices was primarily responsible for the increase in the overall CPI, especially energy commodities (fuel ...

The day's highlight will be the release of November's Personal Consumption Expenditures (PCE) price index — the Federal Reserve's preferred measure of inflation. Economists expect the core PCE ...

The closely scrutinized monthly consumer-price index is due at 8:30 a.m. ET. Here are some key points to know ahead of the ...

Headline CPI was firm in December at +0.4% MoM, boosted by strong food and energy prices. This has shown an accelerating ...