Inflation Rises Again: May Be ‘End Of The Road’ For Interest Rate Cuts, Expert Says

Erica Kollmann | January 31, 2025

The Personal Consumption Expenditures price index, the Federal Reserve’s preferred inflation measure, rose 2.6% in December 2024, according to data released Friday. While the data were in line with expectations, it marks the third consecutive increase in annual PCE inflation, following a low of 2.1% in September last year.  Expert Ideas: Fed Governor Michelle Bowman […]

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