Fed's favored inflation gauge shows consumer prices remained elevated in November

The Commerce Department's delayed November PCE inflation report showed that inflation remained well above the Federal Reserve's 2% target rate.
Finance & Commerce

Fed’s preferred inflation gauge rises 2.7% in August

WASHINGTON — The Federal Reserve‘s favored inflation gauge accelerated slightly in August from a year earlier. The Commerce Department reported Friday that its personal consumption expenditures (PCE) ...
CNBC

Japan's consumer inflation stays above cenbank's target for 44th month, boosting case for a rate hike

Headline inflation for November fell to 2.9% from October's 3%. But it stayed above BOJ's target rate for a 44th straight month. Core inflation came in at 3%, in line with market estimates. Japan's ...
Seeking Alpha

Core PCE Inflation Holds Steady At 2.9% In August, As Expected

The Fed’s preferred inflation gauge, the core PCE price index, rose 2.9% year-over-year in August, the highest level since February. On a monthly basis, the core index was up 0.2%, as expected. The ...
Seeking Alpha

Core PCE Inflation Cools To 2.8% In September, Lower Than Expected

The Fed’s preferred inflation gauge, the core PCE price index, rose 2.8% year-over-year in September. The headline index was up 2.8% year-over-year, the highest level since April 2024. The Fed will ...

Eurozone inflation drops to 1.7%: Will the ECB move interest rates?

The ECB held rates as eurozone inflation fell to 1.7% in January, its lowest since September 2024 and below the ECB’s 2% ...