The PCE Price Index year over year rose 2.7% in August, in line with forecasts and following an increase of 2.6% in July.
Investors digested Trump's new tariff salvo and the latest reading of the Fed's preferred inflation gauge, which showed ...
The Federal Reserve’s preferred measure of inflation, the personal consumption expenditures price index, rose Friday as consumer confidence has fallen amid rising costs. NewsNation's Alicia Nieves ...
Breaking: US core PCE rises by 2.9% YoY in August, up 0.2% MoM. The report broadly meets expectations with PCE numbers all ...
Investors digested Trump's new tariff salvo and the latest reading of the Fed's preferred inflation gauge, which showed ...
Core PCE rose 2.9% on an annual basis in August, slightly higher than the prior month and in line with economists' expectations.
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.
The Pound Sterling trades higher against its major peers on Friday as investors expect the Bank of England (BoE) to hold ...
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 ...
Economists had expected a slight increase in inflation, but consumer spending came in a little stronger than forecast.
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 ...
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