By Lucia Mutikani WASHINGTON, March 13 (Reuters) - U.S. consumer spending increased solidly in January amid higher prices, ...
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.
PCE inflation in January was 2.8% year over year. The numbers predate the Iran conflict.
The PCE price index for January was expected to show headline inflation at 2.9% and core at 3.1%.
An inflation gauge closely monitored by the Federal Reserve moved higher in January in the latest sign that prices ...
The consumer price index eased in January but inflation was still elevated for many consumer necessities, economists said.
The CPI was expected to rise 2.5% on an annual basis last month, according to economists polled by financial data firm ...
January PCE inflation report: headline & core PCE vs expectations, plus income and spending trends—key Fed signal for rates.
Inflation rose just 0.2% in January from December and fell to 2.4% on an annual basis. Both readings were less than anticipated, in a positive sign for consumers. Broadly, economists surveyed by Dow ...
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 ...