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The United States Consumer Price Index (CPI) is a family of various consumer price indices published monthly by the United States Bureau of Labor Statistics (BLS). The most commonly used indices are the CPI-U and the CPI-W, though many alternative versions exist for different uses. For example, the CPI-U is the most popularly cited measure of ...
December inflation data has put the economy in the "Goldilocks" zone, Bank of America said Thursday. Headline inflation accelerated as expected in December, while core inflation, which strips out ...
Core inflation, which excludes volatile food and energy items and is watched more closely by the Federal Reserve because it reflects more sustainable trends, increased a modest 0.2% following four ...
Fresh inflation data released Wednesday is likely to keep the Federal Reserve on pause during its next policy meeting this month, even though a new reading did show some signs of easing. On a ...
The upcoming inflation report will help determine the Fed's next move. Friday's surprisingly strong jobs data has slashed bets of a half-point rate cut.
The inflation rate in the United States and the eurozone peaked in the second half of 2022 and sharply declined in 2023. At its peak, the United States had its highest inflation rate since 1981 [1] and the eurozone its highest since records began in 1997. [2]
The PCE price index (PePP), also referred to as the PCE deflator, PCE price deflator, or the Implicit Price Deflator for Personal Consumption Expenditures (IPD for PCE) by the Bureau of Economic Analysis (BEA) and as the Chain-type Price Index for Personal Consumption Expenditures (CTPIPCE) by the Federal Open Market Committee (FOMC), is a United States-wide indicator of the average increase ...
The latest inflation data will further ease pressure on consumers saddled by a yearslong bout of elevated price increases. Consumer prices rose 2.9% in July compared to a year ago, cooling ...