· 2d · on MSN
Inflation fell to 2.5% in January in Fed’s preferred gauge
· 2d · on MSN
Is Inflation Finally Cooling Again? The Fed's Favorite Gauge Says So
Fed's favorite core inflation measure hits 2.6% in January, as expected
Excluding food and energy, the core PCE also rose 0.3% for the month and was at 2.6% annually. Fed officials more closely follow the core measure as a better indicator of longer-term trends. The 12-month core measure showed a step down from the upwardly revised 2.9% level in December. Headline inflation eased by 0.1 percentage point.
A new report shows personal consumption costs increased 0.3% nationally in January. Here's what it did in the Mid-South.
Lower inflation could actually be good for retirees, even if it keeps future Social Security increases in check.
Op-ed views and opinions expressed are solely those of the author. The latest data released by the Bureau of Labor Statistics shows that in January the annual […]
Lowering interest rates while simultaneously raising tariffs could stoke higher inflation, and undo all of DOGE's work.
Inflation jumped to 3 percent in January and is picking up again. The Consumer Price Index (CPI) rose 0.5 percent last month, the biggest gain since August 2023 on goods and services, up from 0.4 in December, according to the Bureau of Labor Statistics (BLS).
“The Dallas metroplex seems to be on solid footing right now,” said WalletHub analyst Chip Lubo.
Trump is right about the return of inflation: Consumer prices rose much more than expected last month, the Bureau of Labor Statistics reported last week — buoyed in particular by surging fuel ...
WalletHub compared the most recent data from the Bureau of Labor Statistics to two months prior and one year prior. The Houston, Texas, area had the lowest increase in prices compared to a year ago with only a 1% increase. Chicago’s inflation rate last ...
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