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Key U.S inflation gauge shows price growth cooled in April with little sign of tariff impact
Consumer spending slowed despite rising incomes, potentially an early reaction to higher prices on some imported goods.
Fed's favored inflation gauge shows consumer prices eased in April
The Fed's preferred inflation gauge, the PCE index, showed that price growth eased in April as inflation numbers trended closer to the central bank's target.
InsuranceNewsNet1d
Personal Consumption Expenditures Price Index Expected at 2.2% Annual Rate
Personal Consumption Expenditures Price Index Expected at 2.2% Annual Rate Economic forecasts anticipate the personal consumption expenditures (PCE) price index to register a 2.2% annual rate for ...
Dow on track to finish lower after Fed minutes point to inflation risk
Major U.S. stock indexes were headed mostly lower in Wednesday's final hour of trading after minutes of the Federal Reserve's May 6-7 meeting appeared to emphasize the risks of higher inflation. In an ...
Fed minutes: Uncertainty 'elevated' as risks of higher inflation and unemployment rise
Federal Reserve officials agreed earlier this month to hold off on any interest-rate moves while they evaluated the impact of ...
WFMY News22mon
Consumers continued to spend less as inflation climbs 2.8%
Inflation remains above the Federal Reserve's 2% target ... of the far more economically important service sector provides insight into the mindset of the consumer,” said Joseph Brusuelas ...
What To Expect in the Markets This Week
PCE inflation data; first-quarter GDP update; Fed representatives speaking; consumer confidence; earnings from Nvidia, ...
Federal Reserve leaves key rate unchanged as it sees risk of higher prices and higher unemployment
The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump’s demands to lower borrowing costs, and said that the risks of higher unemployment and higher ...
HousingWire28d
Why this week’s Fed meeting is critical for mortgage rates
However, the Federal Reserve has adjusted its inflation targets ... readiness to intervene if jobless claims rise, coupled with insights from Fed presidents engaging with companies and CEOs ...
Core PCE Inflation Slips in April in Modest Positive Sign for Fed
The core personal consumption expenditures index, which strips away food and energy prices, rose 0.1% for the month and 2.5% ...
Federal Reserve official sees signs of slowing economy but not ready to cut rates
A top Federal Reserve official said Friday that massive uncertainty created by President Donald Trump’s tariffs has caused some businesses to cut back on hiring and spending, threatening to slow the ...