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 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 ...

Consumer spending was strong in August while inflation remained elevated

Americans ramped up their spending in August, despite elevated inflation, new data showed Friday. Consumer spending rose 0.6% from July, according to Commerce Department data released Friday. That was ...

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.
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.

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 ...

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 ...

Materials Up After Inflation Data - Materials Roundup

Producers of metals and other raw materials rose after inflation data. The personal consumption expenditures price index, the Federal Reserve's preferred inflation gauge, rose in August, but not by as ...