The Fed’s preferred inflation gauge rose 2.7% in August, while core prices climbed 2.9%. Consumer spending and incomes also ...

US PCE inflation met expectations at 2.7% YoY, boosting rate cut bets to 87.7% and sparking optimism for a Q4 crypto rally.

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.

PCE inflation data matched analysts expectation, but leaves policymakers balancing sticky inflation with a softer labor market, one Sygnum Bank's CIO noted.

Core PCE inflation held at 2.9% in August, with income and spending both above forecasts. The Fed sees room for two more rate cuts this year, noting tariffs have had limited impact on consumers.

Dow Jones Top Markets Headlines at 1 PM ET: Inflation rises again, PCE shows, but not enough to alarm the Fed | Stocks ... A key measure of inflation rose at a slightly elevated pace in August, but ...

WASHINGTON (AP) — The Federal Reserve’s favored inflation gauge accelerated slightly in August from a year earlier. The ...

The Personal Consumption Expenditures price index — the inflation gauge the Federal Reserve uses for its 2% target rate — rose 0.3% on a monthly basis (versus a 0.2% increase in July), which lifted ...

The biggest takeaway from the full August personal income and outlays report is that consumption growth remains strong, even ...

Inflation rose one-tenth of a percentage point to 2.7% for the year ending in August, the Bureau of Labor Statistics reported Friday.

Wall Street rises on Friday after the Federal Reserve’s preferred measure of inflation gauge showed results in line with ...

Happy Friday! The market is trying to recover from one of the worst pullbacks since March, with traders eyeing fresh inflation data. 📊 PCE price index climbed 2.7%, matching the worst inflation ...