PCE Report Showed Inflation Eased Slightly in January
But consumer spending unexpectedly slowed, complicating the central bank’s plans for interest rates.
Read more at The New York Times
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January inflation eases in Fed’s preferred measure
Inflation in the Federal Reserve’s preferred price gauge eased in January after making steady increases throughout the fall. The personal consumption expenditures (PCE) price index increased by 0.3 ...The Hill - 3h -
Here's what to know about today's inflation data from the PCE report
A large majority of Americans say their incomes aren't keeping pace with inflation. Here's what the numbers say.CBS News - 4h -
Fed's favorite core inflation measure hits 2.6% in January, as expected
The PCE price index was expected to show an annual inflation rate of 2.5% in January.CNBC - 2h -
Hegseth confirms report on Trump easing rules on military raids, airstrikes
Defense Secretary Pete Hegseth confirmed Friday that he received President Trump’s approval to repeal restrictions on military raids and airstrikes, signaling a stark shift away from regulations ...The Hill - 2h -
Japan's inflation rate climbs to a 2-year high of 4% in January, supporting rate hike calls from BOJ members
Core inflation — which excludes prices of fresh food — rose to 3.2% from 3% in the prior month and beat economists' expectations of 3.1%, according to a Reuters poll.CNBC - Feb. 21 -
Walmart’s Gloomy Sales Forecast Shows Customers Are Still Feeling the Inflation Squeeze
The company’s earnings forecast for the fiscal year fell below analysts’ expectations.Inc. - Feb. 20 -
Interest Rate Cuts on Hold Till Inflation Improves, Fed Meeting Minutes Show
Officials are debating when to restart interest rate cuts, as high prices linger and Trump’s policies add to economic uncertainty.The New York Times - Feb. 20 -
Pope's condition has slightly improved, Vatican says
The Vatican says the Pope's condition has improved as he spends an 11th day in hospital with double pneumonia.BBC News - 3d -
Vatican update on Pope Francis' health slightly improving
The Vatican says Pope Francis' health is slightly improving and its latest report has some positive news about his progress. CBS News' Chris Livesay reports.CBS News - 1d
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