U.S. Fed's closely watched inflation measure rises 2.6 pct in December
The US personal consumption expenditures PCE price index the Federal Reserve preferred inflation measure rose 26 percent in December compared w ...
US inflation rise in December; consumer spending accelerates
U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting ...
US inflation rises in December; consumer spending accelerates
U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting interest rates for some time this year. The personal consumption expenditures ...
Inflation Worsened in December. What It Means for Fed Rate Cuts.
A spike in energy prices helped to lift the headline PCE price index in December. The combined cost of gasoline, electricity, ...
PCE: U.S. consumer prices rose 2.6% in December
The Bureau of Economic Analysis said Friday that personal consumption expenditures rose 2.6% in December, in line with expectations. Core PCE, omitting food and energy, was 2.8%.
Key US inflation measure posts largest monthly gain since last April
No rate cut is expected before June. Excluding the volatile food and energy components, the PCE price index rose 0.2% last month after an unrevised 0.1% increase in November. In the 12 months through ...
North American Morning Briefing: Investors in Suspense Over Trump Tariffs
Prices have likely climbed on a swift move from investors to safety due to Trump tariff threats, rising geopolitical tensions and U.S. government debt, and fear of a potential tech rout that could ...
Trump’s Cabinet Picks Face Roadblocks Ahead
“Bobby! Bobby!” Supporters decked out in MAHA (“Make America Healthy Again”) pins and hats chanted this as Robert F. Kennedy Jr., President Donald Trump’s nominee for health secretary, entered a ...
European Midday Briefing: Stocks Rise, Buoyed by ECB Rate Cut
The big test for product comes in 2026, when VW tries to play catch-up in electric vehicles with four models priced below 25,000 euros, according to industry analyst Matthias Schmidt. The U.K.'s ...
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These Fastest Growing Local Economies in Every State (Some Are Growing at 100%)
Change in gross domestic product over time is perhaps the most comprehensive and widely cited indicator of overall economic health for any country or region. And by this measure, the U.S. has ...
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LONDON MARKET EARLY CALL: FTSE 100 to open higher; gold shines
A barrel of Brent fell to USD76.26 early Friday from USD77.18 at the time of the London equities close on Thursday. An ounce of gold rose to USD2,794.27 from USD2,793.57. Gold rose as high as USD2,799 ...
Treasury yields down as investors weigh GDP report
Treasury yields were down Thursday morning, but pared declines as investors weighed a report showing U.S. economic growth expanded slightly less than expected in the fourth quarter. The yield on the ...