Core inflation rose to 2.8% in February in Fed’s preferred gauge
Core inflation, which strips out volatile food and energy prices, rose a tenth of a percentage point to 2.8% for the year ending in February, the Bureau of Labor Statistics reported Friday in an ...
Inflation to the left, Trump to the right — what's the Fed to do?
The Federal Reserve may get stuck between President Donald Trump’s public demands for interest rate cuts and the central bank’s mandate to curb inflation after its favorite price measure picked up by ...
PCE: Fed's preferred inflation gauge rises 0.4% in February; higher than expecations
However, the Commerce Department announced Friday that the Fed's key inflation measure expanded more than expected in ...
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The Fed’s favorite inflation gauge rose more than expected in February
The Consumer Price Index is the traditional measure of inflation, but lately the Federal Reserve has paid closer attention to ...
Inflation Remained Sticky Ahead of Trump’s Escalating Trade War
The Federal Reserve’s preferred inflation measure showed underlying price pressures persisting in February, as ...
US consumers remained cautious about spending last month as inflation ticked higher
An inflation gauge closely watched by the Federal Reserve remained high last month even before the impact of most tariffs has ...
Key Inflation Measure Got Hotter In February
Inflation rose faster than expected in February, according to the PCE report released Friday. Meanwhile, spending rose less ...
Inflation held steady in February, according to Fed's preferred gauge
Inflation held steady in February compared to a year ago, according to a release from the Federal Reserve's preferred gauge ...
Core inflation rises ahead of Trump tariff announcement
The Federal Reserve’s preferred inflation gauge held steady in February at a 2.5-percent annual increase while “core” prices, ...