The Federal Reserve’s preferred inflation gauge cooled in January, if economists’ forecasts are right.
· 3d · on MSN
Here's what to know about today's inflation data from the PCE report
Stock Futures Tick Higher After PCE Inflation Data
Stock futures ticked higher after the Federal Reserve’s preferred inflation gauge came in as expected in January. The personal consumption expenditures price index rose 0.3% in January from December.
· 3d
PCE inflation report on deck. Here's what is expected.
· 3d · on MSN
Fed’s favorite core inflation measure hits 2.6% in January, as expected
Inflation Steady in January, Meeting Expectations as Consumers Backed Away From Large Purchases
Inflation came in as expected in January, according to a metric closely followed by the Federal Reserve released on Friday. That could be welcome news as the personal consumption price expenditures index rose at a 0.
Inflation gauge favored by Fed showed prices grew as expected in January
The Federal Reserve's preferred inflation gauge showed prices rose as expected in January at a pace that remains above the central bank's target level as its efforts to tamp down inflation continue.
Federal Reserve officials at a meeting last month pointed to rising risks that inflation could worsen, a key reason they kept their benchmark interest rate unchanged.
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