Core PCE Inflation Comes In as Expected, Paving Way for October Rate Cut

Inflation picked up in line with economists’ expectations in August, leaving an opening for a possible interest rate cut in ...

Stock market today: Dow, S&P 500, Nasdaq rise as PCE inflation data meets expectations

Investors digested Trump's new tariff salvo, and the latest reading of the Fed's preferred inflation gauge, which showed ...
American Banker

Inflation outpaced wage growth in August

Personal income, which rose $95.7B in August was overtaken by consumer spending, which jumped $129.2B, pushing the saving rate to 4.6% amid steady inflation and higher wages.

Consumer spending was strong in August while inflation remained elevated

Americans ramped up their spending in August, despite elevated inflation, new data showed Friday. Consumer spending rose 0.6% from July, according to Commerce Department data released Friday. That was ...

Inflation held steady in August, in line with economist forecasts

The core personal consumption expenditures (PCE) price index, the Federal Reserve's preferred measure of inflation, rose slightly in August, in line with economists' expectations. Inflation yardsticks ...

INSTANT VIEW - US PCE Matches Expectations in August

In the 12 months through August, PCE inflation increased 2.7% after climbing 2.6% in July. Stripping out the volatile food and energy components, the so-called core PCE Price Index increased 0.2% last ...
Schaeffer's Investment Research

Markets Mixed After Inflation Data, Tariff Updates

The Nasdaq Composite (IXIC) is lower while the Dow Jones Industrial Average (DJI) pops triple digits amid inflation updates ...

Stock Futures Head Higher After PCE Inflation Report Matches Estimates

Stocks picked up steam after the Federal Reserve’s preferred inflation gauge matched expectations. The personal consumption expenditures price index rose at a 2.7% annual rate. The core PCE, which ...