The key Federal Reserve inflation rate, the core PCE price index, reared up in Q1 as GDP grew at a slower pace.
US bond yields retreated from their highest levels since November as the PCE print came in less hot than feared.
A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the ...
Prices for food, rent, gas and other necessities are running roughly 20 percent to 30 percent higher than they were four ...
That reading had raised concerns inflation was accelerating after a steady downward trend in prior months. “February’s core deflator, the Fed’s preferred inflation gauge, decelerated to 0.3% ...
US economic growth slid to an almost two-year low last quarter while inflation jumped to uncomfortable levels, interrupting a ...
These gains are set to offset recent market losses, despite economic concerns over slow growth and rising inflation. Investors are staying focused on upcoming earnings and key inflation data. The yen ...
US economy disappointed in growth, but inflation exceeded predictions, causing stagflation. Experts warn of negative impact ...
A key component propping ... so it tends to be a relatively slow-moving component and will probably be very elevated for at least the next year.” Consumer inflation rose at an 8.2% pace compared ...
The Fed's preferred inflation gauge came in slower than Street forecasts ... topping the Street consensus forecast of a 0.1% advance. "The key point here is that the trend rate of increase ...
The yen fell to a fresh 34-year low against the dollar after Bank of Japan Governor Kazuo Ueda indicated monetary policy will ...
Price growth in Tokyo decelerated sharply to a pace below 2% in April, in an outcome largely distorted by the start of education subsidies, as the Bank of Japan gathers to decide policy.Most Read from ...