The core PCE price index, the Fed's preferred inflation gauge, accelerated a seasonally adjusted 0.3% for the month, pushing the 12-month inflation rate to 3.2%. Headline prices rose 0.7%, ...
The core PCE price index, the Fed's preferred inflation gauge, accelerated a seasonally adjusted 0.3% for the month, pushing the 12-month inflation rate to 3.2%. Headline prices rose 0.7%, ...
Bullard flagged core inflation exceeding 3% as a credibility threat to the Fed's 2% target, making late 2026 rate hikes inevitable. Bullard rejected the one-and-done hike consensus, arguing the ...
Inflation is expected to rise slightly in July, as declining oil prices and fading tariff concerns could help contain broader price pressures. Economists expect core inflation to pick up in July ...