Inflation in the Federal Reserve’s preferred price gauge eased in January after making steady increases throughout the fall. The personal consumption expenditures (PCE) price index increased by 0.3 percent in January, easing to a 2.5-percent annual increase from 2.6 percent in December. The moves were in line with economists’ expectations. “This is about the only…
Source link
January inflation eases in Fed’s preferred measure
Date:
Share post:
More like thisRelated
Chiefs TE Travis Kelce returning to play in 2025 – One America News Network
By Reuters
February 27, 2025 – 12:14 PM...
Israel targets southern Lebanon with heavy airstrikes as tensions continue
Israeli warplanes carried out an aerial assault, launching a...
FBI Director Kash Patel Seeks UFC Trainers To Boost Agents’ Combat Readiness – One America News Network
OAN Staff James Meyers10:23 AM – Friday, February 28,...
An opera based on Melville’s masterpiece, ‘Moby-Dick,’ docks at the Met
When Leonard Foglia was invited to direct an...