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 energy prices.
Fed Holds Interest Rates Steady, Halts Streak Of Consecutive Cuts, Says Inflation Remains 'Elevated'
The Federal Reserve elected to keep interest rates unchanged at its Wednesday meeting, snapping a streak of three consecutive ...
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Bitcoin’s response to FOMC could push BTC above $110K – Analyst
Bitcoin [BTC] has defended the $100K level ahead of key macro updates—the Fed rate decision and PCE inflation data. For the ...
CPI Inflation: Don't Expect The Fed To Budge
Analysis of CPI inflation data shows mixed results for December 2024, impacting Fed rate decisions and stock market performance in 2025. Read our full outlook on Seeking Alpha.
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Here's the inflation breakdown for December 2024 — in one chart
The Fed also uses another inflation measure, the personal consumption expenditures price index. CPI readings tend to run about 0.2 to 0.3 percentage points higher than the PCE, Seydl said.