Core inflation ticks up, with PCE report showing prices rising faster than economists had forecast
A closely watched measure of inflation shows that prices excluding fuel and food ticked up in February. Here's what to know.
Core inflation rose to 2.8% in February in Fed’s preferred gauge
Inflation held at 2.5% for the year ending in February, the Bureau of Labor Statistics reported Friday in an update to the ...
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U.S. inflation gauge remained high in February but consumer spending recovered after steep fall
An inflation gauge closely watched by the Federal Reserve remained high last month even before the impact of most tariffs has ...
Inflation Remained Sticky Ahead of Trump’s Escalating Trade War
The Federal Reserve’s preferred inflation measure showed underlying price pressures persisting in February. Americans hoping ...
Key Inflation Metric Was 2.8% In February—Above Target As Tariffs Loom
Inflation has struggled to come down to its pre-pandemic norm, and the Federal Reserve doesn’t expect that to change in 2025.
Core inflation in February hits 2.8%, hotter than expected; spending increases 0.4%
The core personal consumption expenditures price index showed a 0.4% increase for the month, putting the 12-month inflation ...
Inflation gauge favored by Fed showed prices ticked higher in February
The Commerce Department released the February personal consumption expenditures (PCE) index which showed that inflation ...
VIEW US Feb PCE prices index shows inflation picture still a conundrum
The Personal Consumption Expenditures (PCE) price index increased 0.3% in February after advancing by an unrevised 0.3% in ...
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AI cameras on just 2 LA bus lines generate big spike in bus-related parking tickets
New automated cameras on buses along Wilshire Boulevard and La Brea Avenue generate more than 5,000 tickets and $1.6 million in fines for cars parked in bus lanes in the first month of a pilot program ...
Michigan basketball's Tre Donaldson has date with his former team: 'What kids dream about'
This is what kids dream about,” Michigan baskeball's Tre Donaldson said. "Getting to play your old team ... that’s something you look forward to." ...