The Federal Reserve’s preferred inflation gauge moved even higher in December, driven in part by rising food and energy prices. However, a closely watched measurement of underlying inflation trends ...
The Dow was falling Friday after the White House said tariffs begin on Saturday. The S&P 500 and Nasdaq were rising. The market also reacted to PCE inflation data.
Treasury yields were up slightly Friday morning, following a U.S. inflation report that was in line with Wall Street’s expectations. The yield on the 10-year Treasury was rising about one basis point ...