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Fed’s Preferred Inflation Measure Ticked Up Slightly
Key Fed measure shows core inflation at 2.8%, in line with expectations
Inflation closed out 2024 on a strong note, as a price gauge the Federal Reserve focuses on came in well above the central bank’s target, the Commerce Department reported Friday.
The Fed’s Preferred Inflation Measure Ticked Up Slightly in December
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
The Fed’s go-to inflation gauge heated up again
The Federal Reserve’s preferred inflation gauge moved even higher in December, driven largely by rising energy prices as well as food. However, a closely watched measurement of underlying inflation trends indicated some progress in the fight to rein in price hikes.
Eurozone Inflation Rises Modestly
Euro zone inflation rises to hotter-than-expected 2.5% in January
Economists polled by Reuters had expected the January inflation print to come in at 2.4%, unchanged from December.
Eurozone Inflation Rises Modestly In January
Eurozone inflation edged up in January due to the acceleration in energy price growth but the intended easing path of the European
Euro zone inflation rises but March rate cut still likely
FRANKFURT (Reuters) -Euro zone inflation accelerated last month but remained on an anticipated course that could let the European Central Bank cut interest rates further, even if a surging dollar, a looming trade war and higher gas prices raise uncertainty.
Bill McEwen
23h
US Inflation Lingers, Tariffs Threatened by Trump Could Nudge Prices in Wrong Direction
U.S. Inflation gauge rises as Trump's tariff threats loom, potentially pushing prices higher in coming months.
3d
US inflation increases in December; consumer spending robust
U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, ...
1d
Indonesia's Jan inflation at 0.76% y/y, lowest since 2000
Indonesia's annual inflation rate was 0.76% in January, official data showed on Monday, dropping sharply from a rate of 1.57% ...
San Francisco Fed
23h
Does Monetary Policy Tightening Reduce Inflation?
Recent research has identified periods when the Federal Reserve intentionally acted to slow inflation when it exceeded ...
Business Daily Africa
1d
Eyes on CBK for benchmark rate cut as core inflation falls to 2pc
The Central Bank of Kenya’s Monetary Policy Committee (MPC) meets Wednesday to set the rate on the back of lowering interest ...
4d
Core inflation in Japan's capital hits 1-year high, keeps BOJ rate-hike bets alive
Core inflation in Japan's capital hit 2.5%, marking the fastest annual pace in nearly a year, well exceeding the central bank ...
3d
Inflation Festers In Core Services, PCE Price Index Accelerates For 3rd Month: Justifies Fed's Pivot To Wait-And-See
The PCE price index accelerated for the third month in a row, to 2.6% year-over-year in December, the worst increase since ...
Mothership.sg
11d
S'pore's core inflation drops to 1.8% in Dec. 2024, lowest since Nov. 2021
At the current level, it is the lowest since November 2021 when core inflation was 1.6 per cent. For the whole of 2024, core ...
4d
on MSN
US inflation is lingering and tariffs threatened by Trump could nudge prices in wrong direction
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...
8h
Euro Area January Inflation: Low Growth And Potential Tariffs Are A Stagflationary Threat
Euro area inflation exceeded expectations in January, driven by food and energy prices. Read what led iShares MSCI Eurozone ETF to down -2.3%.
The News International
1d
Inflation clocks in at 2.4% in January
KARACHI: Consumer price index inflation eased significantly to 2.4% year-on-year in January 2025, down from 4.1% in December, ...
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