· 2d
Inflation fell to 2.5% in January in Fed’s preferred gauge
· 2d · on MSN
Is Inflation Finally Cooling Again? The Fed's Favorite Gauge Says So
Fed's favorite core inflation measure hits 2.6% in January, as expected
Excluding food and energy, the core PCE also rose 0.3% for the month and was at 2.6% annually. Fed officials more closely follow the core measure as a better indicator of longer-term trends. The 12-month core measure showed a step down from the upwardly revised 2.9% level in December. Headline inflation eased by 0.1 percentage point.
Tampa Bay residents continue to feel the pressure of inflation, as the latest WalletHub reports that the region is among the top 10 in the nation in terms of inflation problems. According to data from the Bureau of Labor Statistics,
Op-ed views and opinions expressed are solely those of the author. The latest data released by the Bureau of Labor Statistics shows that in January the annual […]
A new report shows personal consumption costs increased 0.3% nationally in January. Here's what it did in the Mid-South.
Lower inflation could actually be good for retirees, even if it keeps future Social Security increases in check.
Lowering interest rates while simultaneously raising tariffs could stoke higher inflation, and undo all of DOGE's work.
Cost of living varies depending on where you live. Wondering how your area stacks up against the rest of the country? This map shows the cost of living by state.
In October the Social Security Administration (SSA) announced that Social Security beneficiaries, as well as those who receive Supplemental Security Income and Social Security Disability Insurance (SSDI), would see their benefits increase by 2.5 percent in 2025, thanks to the annual Cost-of-living Adjustment, or COLA as it is often called.
“The Dallas metroplex seems to be on solid footing right now,” said WalletHub analyst Chip Lubo.
President Donald Trump, in an interview with Fox News’ Sean Hannity that aired Tuesday night, acknowledged that inflation is on the rise again – bucking his campaign promise to lower prices immediately upon taking office.
12don MSN
Economists have been sounding the alarms that the Fed’s “inclusive” employment strategy may be to blame for staggering inflation.
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