The PCE price index for January was expected to show headline inflation at 2.9% and core at 3.1%.
Inflation held steady in February as the headline figure for the Consumer Price Index remained at 2.4% year-over-year.
The core personal consumption expenditures price index, which excludes volatile food and energy prices, indicated a 0.2% monthly rise while the annual rate was 2.8%. Federal Reserve officials use the ...
Inflation is slowing, easing pressure on household budgets as prices for everyday goods improve. Recent figures indicate the cost of living is rising more slowly than before, helped by shifts in ...
U.S. inflation remained at 2.4% in February 2026, reflecting stable core CPI and moderate sector price growth.
The CPI was expected to rise 2.6% on an annual basis last month, according to economists surveyed by financial data firm FactSet. The CPI tracks the changes in a basket of goods and services typically ...
“Just as President Trump told Americans last night: inflation continues to fall, wages continue to rise, and America is trending towards a historic economic boom. Today’s report shows that inflation ...