personal consumption expenditures (PCE) price index, the Federal Reserve's preferred inflation measure, rose 2.4 percent in January, as inflation continued to cool amid high interest rates, the Commerce Department reported on Thursday.

Related Keywords

Washington , United States , Tim Quinlan , Shannon Seery Grein , Jerome Powell , Commerce Department Bureau Of Economic Analysis , Commerce Department , Federal Reserve , Xinhua , Chair Jerome Powell , Wells Fargo Securities , Percent The Inflation Spending Pce ,