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The Personal Consumption Expenditures, the Federal Reserve's preferred inflation gauge, ticked higher in June.
The core personal consumption expenditures price index, which strips out the cost of food and energy, rose 0.3% on the month ...
Inflation picked up in June, as measured by the Federal Reserve's preferred gauge, reflecting the continued price pressures ...
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A key measure of inflation posted the biggest increase in four months in June as the delayed effects of higher U.S. tariffs ...
June's personal income and spending growth were soft, with both rising just 0.3% MoM, falling short of expectations. Check ...
The likelihood of a Federal Reserve interest rate cut at the upcoming September FOMC meeting has taken another hit following ...
U.S. inflation increased in June as tariffs boosted prices for imported goods like household furniture and recreation ...
The Federal Reserve's preferred inflation gauge showed that prices increased slightly in June, as policymakers continue to monitor data for signs of tariff-induced inflation.
So much for the Fed's predictions, back in September, that price-inflation would be at 2 percent in no time at all.
Prices for goods rose in June as businesses passed the cost of tariffs on to customers, according to the Federal Reserve's preferred measure of inflation.
June PCE inflation rose 0.3%, the highest in four months, raising doubts over a fall rate cut as tariff effects push prices ...
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