Trump’s tariffs are driving a wedge through the US economy, further separating the haves from the have-nots

Americans ramped up their spending in August; however, their costs of living were on the rise as food and other goods became ...

Inflation Meets Expectations in August, Keeps Fed on Track to Lower Interest Rates

Economists had expected a slight increase in inflation, but consumer spending came in a little stronger than forecast.

Core inflation ticked higher in August, in line with economists' expectations

Core PCE rose 2.9% on an annual basis in August, slightly higher than the prior month and in line with economists' expectations.

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 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.

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 ...