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President Trump's new tariff regime will start working its way into U.S. inflation readings over the coming months.
and are likely to push up core goods inflation considerably," said Oliver Allen, senior U.S. economist at Pantheon ...
Inflation yardsticks such as the PCE index and the Consumer Price Index measure the change in prices over time of a typical basket of goods and services. The core PCE, which excludes volatile fuel ...
But the Fed's preferred metric for core inflation increased farther above the central bank's target. Incomes climbed by 0.8%, better than the 0.4% that analysts had been expecting. Consumer ...
David Paul Morris/Bloomberg via Getty Images Core inflation rose faster than expected in February, according to Personal Consumption Expenditures, the Federal Reserve's favorite inflation measure.
U.S. consumer spending rebounded less than expected in February while a measure of underlying prices increased by the most in 13 months, stoking fears the economy was facing a period of tepid growth ...
deputy chief North America economist at Capital Economics. Core inflation, which excludes food and energy prices, rose in February more than forecast based on a reading Friday from the personal ...
which could amplify fears that the economy was facing a period of tepid growth and high inflation amid an escalation in trade tensions. The report from the Commerce Department on Friday showed a ...
The Federal Reserve’s preferred inflation gauge held steady in February at a 2.5 percent annual increase while “core” prices, which exclude food and energy, jumped up to a 2.8 percent annual ...