Investors digested Trump's new tariff salvo and the latest reading of the Fed's preferred inflation gauge, which showed ...
The Dow Jones Industrial Average was posting a solid gain in late afternoon trading Friday, but the blue-chip gauge was just ...
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.
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.
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 ...
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.
Traders in the federal-funds-futures market continued to expect two more interest-rate cuts from the Federal Reserve by ...
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.
In 12 months to August, the core PCE inflation is set to remain unchanged at 2.9%. Meanwhile, the headline annual PCE inflation is forecast to tick up to 2.7% in this period. Markets usually brace for ...