Core PCE, which excludes volatile food and energy prices, rose 2.8% year-on-year, as forecast, and in line with November's reading. Core PCE rose 0.2% from November, marking a slight acceleration ...

Jan 31 (Reuters) - U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting interest rates for some time this year. The personal ...

The Fed’s preferred gauge for inflation is the Personal Consumption Expenditures (PCE) report, which came out this morning for the month of December. Results were as in-line with expectations as ...

The measure of price increases targeted by the Federal Reserve sped up in December, reflecting a stubborn spell of inflation that remains modestly higher than the central bank’s target. The ...

The "core" Personal Consumption Expenditures (PCE) index, which strips out food and energy costs and is closely watched by the central bank, rose 0.2% from the prior month during December ...

The personal consumption expenditures index rose 2.6% in December. Core PCE, omitting food and energy, was 2.8%. Advertisement The December monthly increase was .07%, bringing the annual core PCE ...

Fed Chairman Jerome Powell said the PCE inflation report in December is expected to show prices rose 2.6% in the past 12 months, or a somewhat higher 2.8% based on the core rate that omits food ...

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Net Revenue: $270.8 million, up 13.7% sequentially and 6.4% year-over-year. Operating Margin: 14.9%, increased 490 basis points sequentially and 170 basis points year-over-year. EPS: $0.13, up $0.07 ...

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U.S. PCE inflation accelerates in December By Investing.com - Feb 01, 2025 Investing.com - The personal consumption expenditures price index accelerated slightly in December, in line with estimates, ...