The Personal Consumption Expenditures Price Index (PCEPI), which is the Federal Reserve’s preferred measure of inflation, ...
PCE inflation comes in as expected… Fed cuts still expected… a step forward in practical use for quantum… how to invest… AI ...
The Fed’s preferred inflation gauge rose 2.7% in August, while core prices climbed 2.9%. Consumer spending and incomes also ...
The Fed’s preferred inflation gauge, the core PCE price index, rose 2.9% year-over-year in August, the highest level since ...
The Commerce Department reported Friday that its personal consumption expenditures (PCE) price index was up 2.7% in August ...
President-designate of COP30 and former Brazilian Ambassador to India, Andre Aranha Correa do Lago, has highlighted India's crucial role in the global climate discussions, noting the country's unique ...
External Affairs Minister S Jaishankar on Saturday hosted a meeting of the BRICS Foreign Ministers in New York, highlighting the bloc's pivotal role in promoting multilateralism and constructive ...
The Dow Jones Industrial Average was posting a solid gain in late afternoon trading Friday, but the blue-chip gauge was just ...
What Happened? A number of stocks jumped in the afternoon session after a key inflation data aligned with forecasts, ...
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.
U.S. consumer spending increased slightly more than expected in August, keeping the economy on solid ground as the third ...