The annual pace of core inflation was a bit stronger than expected last month after removing volatile energy and food prices from the calculation. Core PCE prices advanced 0.3% on the month in May.
The consumer price index, the top measure for inflation in the U.S., increased to 3.2% in the 12-month period ending in February, which was up from 3.1% in January. The Bureau of Labor Statistics ...
The Federal Reserve's preferred measure of inflation climbed to a three-year high in April, bolstering the growing sentiment among monetary policymakers that price growth should be the central bank's ...
Year-ahead business inflation expectations came in at +2.3% in June, vs. +2.4% in May, according to a survey the Federal Reserve Bank of Atlanta released on Wednesday. The Atlanta Fed's Business ...
The news: Inflation expectations fell by 0.5 points to 6.6% last week, the lowest level since initial escalations in the Iran War in early March Morgan Australian Consumer Confidence data. The numbers ...
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