The consumer price index reigns supreme when it comes to tracking inflation—except for the Federal Reserve. Here’s why the ...
Shortly before the start of the Iran war, a key measure of U.S. inflation rose at an excessive pace for the third month in a row, underscoring the latest challenge facing the Federal Reserve as it ...
Kevin Warsh wants to retire the inflation gauge the Federal Reserve has relied on for two decades. Speaking at his Senate confirmation hearing on Tuesday, President Donald Trump‘s pick to replace ...
Goldman Sachs just sent a sobering warning to the Federal Reserve. After analyzing a "noisy" January CPI report, the firm’s economists, led by Jan Hatzius, officially reset their forecast for the ...
Central bankers have always sliced and diced inflation statistics to burnish their record of hitting targets over time. But ...
The Fed’s preferred inflation gauge eased a touch in February, paving the way for another rate pause at the central bank’s policy meeting later this month. The core personal consumption expenditures, ...
Kevin Warsh, U.S. President Donald Trump’s nominee for Federal Reserve chair, told lawmakers this week he wants to change how ...
U.S. inflation increased as expected in February and likely rose further in March amid the war with Iran, a trend that is ...
The Fed-favored inflation measure, the PCE price index, which includes food and energy, jumped by 0.38% in February from ...
Americans kept spending in February — but just enough to keep up with rising prices, new data showed Thursday; however, the ...
The Fed's preferred gauge, the PCE index, posts an uncomfortable increase for a third month in a row What's the beef with inflation? It's still too high, five years after the biggest price surge in ...