The Federal Reserve’s preferred inflation gauge ticked higher in January, a sign that price pressures remain entrenched in the U.S. economy and could lead the Fed to keep raising interest
The Federal Reserve's preferred inflation gauge heated up unexpectedly in January, showing the continued strength of the US economy -- and that rising prices won't be so easily defeated.
The Federal Reserve's preferred inflation gauge ticked higher in January, a sign that price pressures remain entrenched in the U.S. economy and could lead the Fed to keep raising interest rates well into this year.
The Federal Reserve’s preferred inflation gauges unexpectedly accelerated in January and consumer spending surged after a year-end slump, adding pressure on policymakers to keep ratcheting up interest rates. The personal
A key indicator of US inflation rose in January, according to government data released Friday, while spending bounced after retail sales were boosted by
The Federal Reserve’s preferred inflation gauge rose last month at its fastest pace since June, which could lead the Fed to keep raising interest rates.
Inflation accelerated sharply and more than expected in January to three times the pace logged in the prior month, suggesting the Federal Reserve’s fight to quell price pressures will be, in the words of one market analyst, “long and bumpy.” Prices rose by 0.