Is Inflation Finally Cooling Again? The Fed's Favorite Gauge Says So
Inflation rose 2.5% over the year in January compared to 2.6% in December, marking the first decrease in four months.
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The Fed's 'preferred' measure of inflation is core PCE. Do advisors favor it as well?
The Fed is well known to view core PCE as its inflation indicator of choice. However, wealth managers have their own ...
Inflation stays high around the US. Here's how it's impacting prices in the Mid-South
A new report shows personal consumption costs increased 0.3% nationally in January. Here's what it did in the Mid-South.
A Key Inflation Metric Moderates—Slightly
The Federal Reserve's preferred gauge of inflation inched closer to the 2% target last month, according to the Commerce ...
Why the ‘war on inflation’ is over — even though the ‘experts’ don’t get it
Yes, inflation has hammered households since 2021 and it has been horrific. The CPI ended January 23.4% above December 2019, ...
Inflation gauge favored by Fed showed prices grew as expected in January
The latest reading of the Federal Reserve's preferred inflation gauge showed that prices rose in line with economists' ...
Trump Has Glossed Over High Prices. Republicans Worry It Will Cost Them.
President Trump promised to lower prices on day one of his presidency. But with food costs still high, Republicans worry the ...
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Should We Be Worried About the Economy?
Recent statistics do not bode well for us.
Fed's favorite core inflation measure hits 2.6% in January, as expected
Excluding food and energy, core PCE also rose 0.3% for the month and was at 2.6% annually. Fed officials more closely follow the core measure as a better indicator of longer-term trends. The numbers ...
The Fed’s preferred inflation gauge cooled last month, but consumer spending sank
The Federal Reserve’s preferred inflation gauge cooled as expected in January; however, the good news came with a red flag ...