The U.S. central bank's benchmark policy rate should stay restrictive until it is more certain that inflation is returning to ...
Take a look at the inflation story in 2024 through Seeking Alpha charts. Inflation settled into a sideways trend. Read more ...
The precious metal has climbed more than a quarter this year and hit record levels, supported by US monetary easing, ...
Gold was steady as traders weighed the outlook for monetary policy after the Federal Reserve’s preferred measure of ...
Tech stocks, led by Nvidia, were the driving force behind the rebound. The core Personal Consumption Expenditures Price Index ...
US consumer spending increased in November amid strong demand for a range of goods and services, underscoring the economy’s ...
Introduction My previous column focused on two technical terms, rarely mentioned thus far in this column series on Guyana as a Petrostate; namely, the ...
A line chart titled "Annual change in US Personal Consumption Expenditures Price Index" that tracks the metric over the five years. In November the nationwide rate increased to 2.4% After the data ...
We still have some work to do." Inflation, according to the measure released Friday -- the personal consumption expenditures price index -- has plummeted from a peak of 7.2% in June 2022 to 2.1% ...
An inflation gauge that is closely watched by the Federal Reserve barely rose last month in a sign that price pressures ...
We still have some work to do." Inflation, according to the measure released Friday - the personal consumption expenditures price index - has plummeted from a peak of 7.2% in June 2022 to 2.1% in ...
The modest monthly inflation figures in Friday’s report point to one likely reason why the Fed was willing to cut its benchmark interest rate Wednesday: Its preferred inflation gauge, known as the ...