consumer price index december

Inflation fell to 2.5% in Jan. in Fed’s preferred gauge

The Fed’s preferred inflation gauge cooled last month, but consumer spending sank

The Federal Reserve’s preferred inflation gauge cooled as expected in January; however, the good news came with a red flag for the US economic engine: Consumers pulled back their spending by the most in nearly four years.

Deseret News on MSN · 1h

Here’s where the Fed’s preferred inflation reading landed in January

Inflation dropped slightly in January but consumer spending, the primary driver of the U.S. economy, also saw its biggest decline in four years.

Investopedia on MSN · 4h

Is Inflation Finally Cooling Again? The Fed's Favorite Gauge Says So

Inflation rose 2.5% over the year in January compared to 2.6% in December, marking the first decrease in four months.

4don MSN

Why the ‘war on inflation’ is over — even though the ‘experts’ don’t get it

Yes, inflation has hammered households since 2021 and it has been horrific. The CPI ended January 23.4% above December 2019, ...

PCE inflation gauge matches expectations, offering relief to Fed

The latest reading of the Federal Reserve's preferred inflation gauge showed prices rose on a monthly basis but dropped year ...

12d

Gobsmacked by groceries: Inflation inching higher for Washington consumers weary at the market

In a December interview after winning the election for president, Donald Trump credited his win at the polls on two topics: ...

MT Newswires on MSN5h

January Consumer Spending Unexpectedly Contracts; Annual Core Inflation Slows Down

Consumer spending unexpectedly declined last month, while the Federal Reserve's preferred inflation metric decelerated at the annual level, government data showed Friday. Personal consumption ...

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