Fed's favorite inflation measure stayed hot
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We're finally about to learn how much consumer prices rose back in November, according to the Federal Reserve's favorite measure of inflation.
Not adjusted for inflation, consumer spending jumped by 0.5% in November from October and by 5.4% from a year ago. Incomes outgrew inflation as well. Read more
The year-over-year inflation rate in January, the month President Donald Trump returned to the White House, was 3.0%. The year-over-year inflation rate in September, the most recent month for which Consumer Price Index figures have been released, was ...
Personal Consumption Expenditures (PCE) index — the Federal Reserve's preferred inflation gauge — rose 2.8% year-over-year and 0.2% month-over-month in November, in-line with economist forecasts published by the US Bureau of Economic Analysis (BEA) on Thursday.
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By Naomi Rovnick and Lewis Krauskopf LONDON/NEW YORK, Jan 5 (Reuters) - Global stock markets, riding high on AI euphoria at the start of 2026 may be disregarding one of the biggest threats that could spoil the party: a surge in inflation driven partly by the tech investment boom.
Inflation in metro Phoenix fell below the national rate in December as housing costs cooled, but groceries, energy and health care stayed high.
Inflation, which measures the rate of price increases over time, remains above the Bank of England's 2% target.
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