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 and ...
A new GDP report Thursday and the expectation of a sticky inflation reading Friday should reinforce the Federal Reserve’s new wait-and-see approach on interest rates.
The Consumer Price Index report for January is expected to show broadly unchanged annual inflation according to nowcasts. That may be broadly good news for the Fed.
Japan's annual rate of consumer price inflation accelerated to 3.0 percent in December from 2.7 percent the month before, government data showed Friday.