January PCE inflation rose 0.3% for annual rate of 2.5%, meeting Dow Jones expectations
Personal consumption expenditures inflation rose 0.3% in January for an annual rate of 2.5%, the Bureau of Economic Analysis said Friday. Excluding food and energy, the core PCE rate was 2.6% annually.
Inflation Steady in January, Meeting Expectations as Consumers Backed Away From Large Purchases
Inflation came in as expected in January, according to a metric closely followed by the Federal Reserve released on Friday. That could be welcome news as the personal consumption price expenditures index rose at a 0.
Inflation gauge favored by Fed showed prices grew as expected in January
The latest reading of the Federal Reserve's preferred inflation gauge showed that prices rose in line with economists' expectations in January as the inflation fight continues.
January inflation eases in Fed’s preferred measure
January inflation eases in Fed’s preferred measure
Fed’s favorite core inflation measure hits 2.6% in January, as expected
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GDP Held Steady While Inflation Marked Higher At End Of 2024
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New data shows inflation cooled slightly in January
A new report out from the Commerce Department shows inflation cooled off slightly last month. Doug Ford's landslide win sets ...