The reading matched economists' expectations. Inflation held steady in February compared to a year ago, according to a release from the Federal Reserve's preferred gauge of price increases.
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Economists had forecast that the core PCE in February rose 2.7%, according to financial data firm FactSet. Including fuel and food prices, the PCE rose 2.5% on an annual basis, matching the prior ...
Prices rose 0.3% in February, according to data from the U.S. Department of Commerce. Despite this, Americans did spend more last month compared to January. Tariffs imposed by President Donald ...
Compared with a year earlier, sales volumes in February were 2.2% higher versus economists' expectations for a slowdown to 0.5% growth. While retail sales are volatile, the readings are likely to ...
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The Personal Consumption Expenditures price index rose 2.5% in February from the year before, holding steady with what was seen in January, according to Commerce Department data released Friday.
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