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 ...
December’s PCE report on Friday suggests that inflation finished 2024 above the Federal Reserve's 2% target, but it didn't spiral out of control, which is "the ideal outcome" from a stock investor’s ...
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.
MANILA (Reuters) - The Philippine central bank will take a "measured approach" in easing policy rates, it said on Wednesday, as annual inflation held steady at 2.9% in January, staying within its ...