US consumer spending increases in January, Iran war to add to inflation pressures
By Lucia Mutikani WASHINGTON, March 13 (Reuters) - U.S. consumer spending increased solidly in January amid higher prices, ...
Fed's favored inflation gauge remained stubbornly high in January as consumer price pressures persist
The Commerce Department on Friday released the January 2026 PCE inflation report, which showed the Federal Reserve's preferred inflation gauge remained stubbornly high for consumers.
Underlying Inflation Was Stubborn in January by Fed’s Preferred Metric
PCE inflation in January was 2.8% year over year. The numbers predate the Iran conflict.
Core PCE inflation rises 3.1% Y/Y in January, a touch hotter than expected
January PCE inflation report: headline & core PCE vs expectations, plus income and spending trends—key Fed signal for rates.
Fourth-quarter GDP revised down to just 0.7% growth; January core inflation was 3.1%
The PCE price index for January was expected to show headline inflation at 2.9% and core at 3.1%.
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Key inflation gauge worsened in January, before Iran war lifted gas prices
An inflation gauge closely monitored by the Federal Reserve moved higher in January in the latest sign that prices ...
Inflation Moderates But Economic Growth Slows Sharply and Oil Hovers Near $100 a Barrel
The price of a barrel of Brent crude, the global benchmark, hovered near $100 Friday, up more than 30% over the past two weeks. The average price of a gallon of unleaded gas is no ...
Inflation fell to 2.8% in January in Fed’s preferred gauge
Inflation fell one-tenth of a percentage point in January to 2.8%, the Bureau of Labor Statistics reported in an update to to the personal consumption expenditures index, the Federal Reserve’s ...