As energy prices rise, the inflation picture is muddied by an unusual divergence between two key gauges of consumer costs.
PCE inflation in January was 2.8% year over year. The numbers predate the Iran conflict.
Prices rose 2.4% last month. But what comes next, now that the U.S. is fighting a war in Iran, is on everyone’s mind.
The Treasurys selloff triggered by the war in Iran drove another increase in yields, particularly in the short end.
The Federal Reserve’s preferred inflation gauge remained stuck above the central bank’s target in January. Inflation measured by the personal-consumption expenditures price index was 2.8%, a slight ...
In this episode of WSJ’s Take On the Week, we discuss why a surge in oil prices is fueling fresh inflation fears, and how the potential for a supply shock could tie the Federal Reserve’s hands on ...
Dow slips as financial shares hit; inflation holds steady ...
Inflation remained below the ECB target, but it could pick up if the rise in energy prices that followed U.S. and Israeli ...
Consumer prices rose 2.4% in February from a year earlier, the Labor Department reported Wednesday. Economists polled by The Wall Street Journal had expected that number, which was the same as the ...
It isn’t the 1970s anymore, but global oil-market disruptions can still hurt.
Traders sold off U.S. Treasurys, sending yields higher, as the war in Iran and the latest official inflation numbers raised concerns about persistent price increases ahead.
The Swiss National Bank has voiced increased willingness to intervene in foreign-exchange markets to halt recent gains in the ...