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.
Fed’s favorite core inflation measure hits 2.6% in January, as expected
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January Consumer Spending Unexpectedly Contracts; Annual Core Inflation Slows Down
Consumer spending unexpectedly declined last month, while the Federal Reserve's preferred inflation metric decelerated at the annual level, government data showed Friday. Personal consumption expenditures decreased 0.
January inflation eases in Fed’s preferred measure
Inflation in the Federal Reserve’s preferred price gauge eased in January after making steady increases throughout the fall. The personal consumption expenditures (PCE) price index increased by 0.3 percent in January,
Surprising Trends in American Spending Habits You Need to Know
Consumer Spending in Specific Categories . Below are the major spending categories the BLS aggregates and tracks statistics on. Note that as of September 2024, the most recent ann ...
The PCE report, the Fed's preferred inflation measure, is out. Here's what it says.
A large majority of Americans say their incomes aren't keeping pace with inflation. Here's what the numbers say.
Analysis-China urged to think big, go hard on reviving battered consumption
Coco Wen took advantage of China's consumer subsidies to buy herself a new iPhone for about two thirds of the original price.
Is Inflation Finally Cooling Again? The Fed's Favorite Gauge Says So
Inflation rose 2.5% over the year in January compared to 2.6% in December, marking the first decrease in four months.
American economy grew at 2.3% annual rate in Q4 boosted by consumer spending
The American economy grew at a solid 2.3% annual rate the last three months of 2024, supported by a burst of year-end ...
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At China’s annual Two Sessions, what policy actions do workers, businesses and analysts expect to see?
Stronger social security and unemployment benefits are among the key support measures they would like to see, some Chinese ...
Changing tastes, cheap imports and a looming Canadian boycott. A ‘perfect storm’ for California’s wine industry
California's wine country struggles with changing tastes, foreign competition and too many grapes on the vine.
Game commission allows ‘consumption permits’ for roadkill
On the menu are bobcat, crow, wild boar, alligator, venison and stingray. Larry Primeau, of Pine Grove, has been presenting the annual Taste of the Wild Outdoors dinner for 12 years in Schuylkill ...