The PCE price index for January was expected to show headline inflation at 2.9% and core at 3.1%.
By Lucia Mutikani WASHINGTON, March 13 (Reuters) - U.S. consumer spending increased solidly in January amid higher prices, ...
US Q4 2025 GDP growth was revised sharply lower to 0.7%, highlighting broad-based weakness, especially in services and ...
Inflation held steady in February as the headline figure for the Consumer Price Index remained at 2.4% year-over-year.
The "core" Consumer Price Index shows inflation is moving toward the Federal Reserve’s 2% goal. Still, Fed officials are likely to remain cautious amid uncertainty around oil price swings emanating ...
WASHINGTON, March 13 (Reuters) - U.S. consumer spending increased slightly more than expected in January, which together with continued strength in underlying inflation and the dragging war in the ...
Friday's PCE Index rose 0.3% from December, compared with the 0.3% estimate of economists polled by Reuters and the prior 0.4% rise in December. Stripping out the volatile food and energy components ...
The ongoing conflict involving the United States, Israel and Iran has driven a sharp surge in crude oil prices in recent ...
A big driving force was lower energy costs in January, which won’t last, and at least one other factor may have been redefined without mention.
The U.S. Commerce Department said on Friday its Personal Consumption Expenditures Price Index (PCE) rose largely in line with ...
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