The PCE Price Index year over year rose 2.7% in August, in line with forecasts and following an increase of 2.6% in July.
Investors digested Trump's new tariff salvo, and the latest reading of the Fed's preferred inflation gauge, which showed ...
The Federal Reserve’s preferred measure of inflation, the personal consumption expenditures price index, rose Friday as consumer confidence has fallen amid rising costs. NewsNation's Alicia Nieves ...
Core PCE rose 2.9% on an annual basis in August, slightly higher than the prior month and in line with economists' expectations.
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.
Economists had expected a slight increase in inflation, but consumer spending came in a little stronger than forecast.
The Euro languishes at two-week lows near 1.1650 amid a firm US Dollar and risk-off markets. Strong US GDP and jobless claims ...
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 ...
Investors digested Trump's new tariff salvo as they awaited the release of the Fed's preferred inflation gauge to steer ...
Traders in the federal-funds-futures market continued to expect two more interest-rate cuts from the Federal Reserve by ...
The Pound Sterling trades higher against its major peers on Friday as investors expect the Bank of England (BoE) to hold ...
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