The August personal consumption expenditures price index data is out.

The Fed’s preferred inflation gauge, the core PCE price index, rose 2.9% year-over-year in August, the highest level since ...

Core Personal Consumption Expenditure Price Index (excludes food and energy): +0.2% vs. +0.2% consensus and +0.2% prior ...

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

A key measure of inflation rose at a slightly elevated pace in August, but not enough to suggest much bigger increases tied ...

The bad news from Friday's PCE index for August was that core inflation remained stuck near a 3% annual pace, according to ...

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

The Federal Reserve's preferred inflation measure stayed stubbornly above the central bank's 2% target last month, a ...

The U.S. PCE inflation data has come in line with expectations, rising to 2.7% year-over-year, leading to a bounce in the ...

The Commerce Department released the August PCE inflation data which showed that inflationary pressures remained well above the Fed's 2% target last month as tariffs push prices up.

PM Eastern Time, the S&P 500 added 0.6%, the Dow Jones Industrial Average was up 0.8%, and the Nasdaq Composite rose 0.4%.

We continue to expect the Fed to deliver between one and two rate reductions in 2025, taking the benchmark rate to between 3.5 and 3.75 per cent by the end of this year.