Core U.S. Inflation Rate Jumps 2.1% in March
"We expect a continued rise in inflation to prompt Fed officials to raise rates four times in total this year,” one economist says.
Fed’s Key Inflation Gauge Hits 1.6% in February
The core PCE price index posted its biggest gain since April 2017 and appears to be on track to meet the Fed's 2% target.
Fed Rate Hike Could Be First of Four in 2018
The latest 0.25% increase indicates the Fed's confidence that the GOP tax cuts and government spending will boost the economy and inflation.
U.S. Consumer Sentiment Hits 14-Year High
The gain reflected a surge in confidence among lower-income households that have benefited from the GOP's tax cuts.
U.S. Consumer Prices Rise 0.2% in February
After the CPI gained 0.5% in January, a 0.9% decline in gasoline prices helped keep inflation in check last month.
Core Inflation Measure Jumps 0.3% in January
Inflation remains below the Fed's target "but there are indications it may be starting to pick up."
U.S. Consumer Prices Jump 0.5% in January
Inflation appears to have "re-emerged after a long period of dormancy," fueling fears that the Fed will raise interest rates more aggressively this year.
U.S. Import Prices Rise 0.1% in December
The increase — the smallest since July — "could temper expectations that inflation will pick up this year."
Consumer Spending Rises 0.6% in November
“Without sustained improvement in wages, consumers will struggle to maintain even today’s moderate pace of consumption," one economist says.
Core Consumer Prices Rise 0.1% in November
The continuing weakness in core CPI will "make the Fed deliberations about the pace of monetary policy tightening next year more complicated."
Producer Prices Increase 0.4% in November
The producer price index was up 3.1% in the 12 months through November — the biggest increase since January 2012.