U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting interest rates for some time this year. The personal consumption expenditures ...
On a three-month annualised basis — seen as a more accurate picture of the trajectory of inflation — the core PCE price gauge ...
The Federal Reserve's preferred measure of inflation picked up in December, pushing the central bank's goal of a 2% annual rate farther into the distance.
A spike in energy prices helped to lift the headline PCE price index in December. The combined cost of gasoline, electricity, ...
The PCE Price Index year over year rose 2.6% in December, in line with forecasts and following an increase of 2.4% in ...
Markets focus on the core PCE inflation reading, which the Fed considers a more accurate representation of overall price ...
President Donald Trump confirmed Thursday that he’s planning to levy a 25% tariff on imports from Mexico and Canada starting ...
Gold topped $2,805 an ounce for the first time ever on Friday – surpassing its October record and taking its gains to 7% this year, as trader’s hedge against President Donald Trump's tariffs. Put ...
Food prices have been a consistent driver of inflation but prices at the supermarket moderated throughout much of 2024. The Consumer Price Index for food c ...
The Trump administrations says the tariffs will take effect on Feb. 1. Tariffs on goods from Mexico and Canada that are set ...
BoC lowered its overnight rate by 25bps as Trump threatens to implement a 25% tariff on Canadian goods entering the US. James Marple discusses the impact on monetary policy going forward.
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