One of the most consequential takeaways from the latest PCE report showed that core inflation, which excludes volatile food and energy prices, was stable in December. An earlier reading from the CPI ...

The Consumer Price Index (CPI) is used as a chief barometer of inflation. But what is it and how is it calculated? CNBC Select explains below and recommends some cards that could help put money ...

But will PCE inflation data give the green light for a Fed cut? Eurozone flash CPI also critical for ECB’s December... Chip Stocks Experience Selloff as Pound Slides Following CPI Drop By ...

On a month-on-month basis the consumer price index contracted by 0.4%. On an annual basis, prices for alcoholic beverages purchased from stores declined 1.3% in December, compared with a 1.9% increase ...

According to the Bureau of Labor Statistics, the headline figure for the Consumer Price Index rose to 2.89% year ... the Personal Consumption Expenditure (PCE) price index as their preferred ...

The CPI and PPI prints imply that PCE Core will come in at a cool .2% when it is reported at month end. Core CPI printed cool at .2% versus .3%, with headline higher than core due to seasonal ...

Inflation rose 2.9% on an annual basis in December, with the latest Consumer Price Index illustrating the Federal Reserve's challenge in battling stickier-than-expected price increases.

US stocks (^GSPC, ^IXIC, ^DJI) closed higher on Wednesday as inflation cooled, with the December CPI report easing concerns. The inflation data showed the December CPI rising 0.4% monthly and 2.9% ...

Bitcoin recently traded just under the six-digit level. Its latest moves followed the release of better-than-expected Consumer Price Index data and a Reuters report about regulatory developments ...

2-year yield plunges by most since September on mild core CPI inflation reading Last Updated: Jan. 15, 2025 at 3:44 p.m. ET First Published: Jan. 15, 2025 at 3:57 a.m. ET Share ...

Fed’s Barkin Says CPI Data Show Inflation Headed Toward 2% Goal Richmond Fed president says policy should remain restrictive Says recent rise in 10-year yields need not affect Fed policy ...

In fact, total year-on-year CPI and PCE consumer inflation rates could still fall to the Fed’s 2% target in 2025, even though they are currently well above target. On the downside, core ...