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The Commerce Department released the PCE inflation report for May which found the Federal Reserve's favored inflation gauge ticked slightly higher to 2.3%.
US reports benign PCE inflation in MayPETER CARDILLO, CHIEF MARKET ECONOMIST, SPARTAN CAPITAL SECURITIES, NEW YORK: "Personal income is disappointing. We were looking for an increase of about 0.3% ...
May PCE Inflation Report Highlights The PCE Price Index rose 0.1% in May, in line with the FactSet consensus forecast and following an increase of the same amount in April.
The Fed’s preferred inflation gauge, the core PCE price index, rose 2.5% year-over-year in April, marking the lowest level for the index in over four years.
US core PCE inflation softens to 2.5% in April In addition to the inflation data, the report showed that personal income rose 0.8% in April, while personal spending increased by 0.2% on a monthly ...
Annual inflation in the United States (US), as measured by the change in the Personal Consumption Expenditures (PCE) Price Index, declined to 2.1% in April from 2.3% in March, the US Bureau of ...
The Fed's preferred inflation gauge, the PCE index, showed that price growth eased in April as inflation numbers trended closer to the central bank's target.
April personal consumption expenditure inflation was up just 0.1% for an annual rate of 2.1%, according to a Friday Bureau of Economic Analysis report.
XRP Falls Below 200-day Average, Bitcoin Dips to $105K as Traders Eye Core PCE The core PCE data, a key inflation measure, is anticipated to impact market sentiment and could influence future ...
April PCE Inflation Report Highlights The PCE Price Index rose 0.1% in April, in line with the FactSet consensus forecast and following no change in March.
PCE inflation within touching distance of target plus low monthly increases in headline and core inflation would have demonstrated a successful soft landing in an alternate and tariff-free world.
Friday brings another glimpse into how much of an issue inflation is in the U.S. economy. The PCE price index is expected to tick up 0.1% M/M in April vs. flat in March, according to the consensus ...
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