The Fed - Inflation (PCE) - Federal Reserve Board
Aug 2, 2024 · Inflation is the rate at which the price of goods and services increases over time. Keeping inflation low and stable is one of the Federal Reserve's goals when conducting monetary policy. How does the inflation rate factor into the Fed's policy decisions?
The Fed’s Preferred Inflation Measure Ticked Up Slightly in …
Jan 31, 2025 · Jerome H. Powell, the Fed chair, said that in order for the Fed to consider rate cuts again, it would need to see further progress on getting inflation down or labor market weakness.
Fed hold rates steady, sees inflation as 'elevated,' as Powell …
Jan 29, 2025 · WASHINGTON (AP) — The Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting it three times in a row last year, a sign of a more cautious approach as the Fed seeks to gauge where inflation is headed and what policies President Donald Trump may pursue.. In a statement, the Fed said the job market is “solid,” and noted that the unemployment rate “has ...
Inflation, consumer prices for the United States - St. Louis Fed
Sep 19, 2024 · Graph and download economic data for Inflation, consumer prices for the United States (FPCPITOTLZGUSA) from 1960 to 2023 about consumer, CPI, inflation, price index, indexes, price, and USA.
US inflation picked up in December but underlying price …
Jan 15, 2025 · WASHINGTON (AP) — U.S. inflation accelerated last month as prices for gas, eggs, and used cars rose, yet underlying price pressures also showed signs of easing, bolstering hopes that the Federal Reserve could still cut its key interest rate this year.
The Fed - New tools to monitor inflation in real time
Dec 20, 2024 · The Federal Reserve's two percent inflation target is defined in terms of total PCE inflation. In addition to using core as a way to reduce volatility and increase the signal from inflation readings, economists have used other exclusion …
CPI Rose in December, a Sign the Fed’s Inflation Fight Has Stalled ...
Jan 15, 2025 · Inflation Sped Up in December, a Fresh Challenge for the Fed The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging. Listen to ...
Federal Reserve issues FOMC statement
Nov 7, 2024 · The Committee's assessments will take into account a wide range of information, including readings on labor market conditions, inflation pressures and inflation expectations, and financial and international developments.
Inflation Nowcasting - Federal Reserve Bank of Cleveland
The Federal Reserve Bank of Cleveland provides daily “nowcasts” of inflation for two popular price indexes, the price index for personal consumption expenditures (PCE) and the Consumer Price Index (CPI).
PCE index, the Fed's preferred inflation measure, drops to 2.1
Oct 31, 2024 · The personal consumption expenditures (PCE) price index, the Federal Reserve's preferred inflation measure, dropped to 2.1% last month on an annual basis, close to the central bank's goal of a...