PCE inflation in January was 2.8% year over year. The numbers predate the Iran conflict.
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Looming Fed meeting shifts bets for 2026 interest-rate cuts as Iran War oil shock clouds ...
The Federal Reserve’s meeting this week may reshape expectations for 2026 rate cuts as the Iran war, rising oil prices and ...
The Commerce Department on Friday released the January 2026 PCE inflation report, which showed the Federal Reserve's ...
The real question for the Fed meeting is how officials are thinking about the Iran war and its effect on inflation.
A reading on the Federal Reserve's preferred inflation gauge released Friday for January, before the Iran war, showed inflation remained sticky, reinforcing the case for the central bank to hold ...
Since the rate-setting committee last met, two jobs reports sent mixed signals about the labor market and oil price spikes ...
"The inflation trajectory will only steepen in the coming months to around 4.5%, with gasoline prices set to climb to $3.75 on average nationally, a spike in diesel and fertilizer ...
The Labor Department released the February 2026 consumer price index (CPI), which showed that inflation remained elevated ...
The worst global oil crisis in decades could become a major problem for the Federal Reserve, whose policymakers meet this week to determine the next moves for the US economy.
Incomes also rose 0.4%, a positive sign that consumers didn’t have to dip into savings to propel spending in January.
Trump is urging Fed Chair Jerome Powell to cut interest rates immediately, ahead of next week’s meeting, as inflation holds at 2.4%.
As expected, PCE inflation for January came in strong. Core inflation was 0.4 per cent on the month (4.5 per cent annualised) ...
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