PCE inflation in January was 2.8% year over year. The numbers predate the Iran conflict.
The Commerce Department on Friday released the January 2026 PCE inflation report, which showed the Federal Reserve's preferred inflation gauge remained stubbornly high for consumers.
Workers are staying put because it has become much harder to find a new job, and that low-hire environment is likely to keep wage growth under pressure just as inflation begins to rise again. That ...
The consumer price index was rose 2.4% in February 2026, above policymakers' target, economists said. War in Iran complicates the picture.
"The inflation trajectory will only steepen in the coming months to around 4.5%, with gasoline prices set to climb to $3.75 on average nationally, a spike in diesel and fertilizer ...
The Federal Reserve’s favored inflation gauge was worse than what Wall Street forecast in January, according to federal data released Friday, as the Iran war—boosting energy prices and fears of rising ...
The PCE price index for January was expected to show headline inflation at 2.9% and core at 3.1%.
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