The Fed’s preferred inflation gauge, the core PCE price index, rose 2.9% year-over-year in August, the highest level since ...
That followed a revised 0.2% rise in the core inflation in July. In the 12 months through August, core inflation advanced 2.9% after rising 2.9% in July. The Federal Reserve tracks the PCE price ...
Breaking: US core PCE rises by 2.9% YoY in August, up 0.2% MoM. The report broadly meets expectations with PCE numbers all ...
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%.
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 ...
US core PCE inflation held at 2.9% in August while the personal consumption expenditures price index posted a 0.3% gain for ...
The Euro languishes at two-week lows near 1.1650 amid a firm US Dollar and risk-off markets. Strong US GDP and jobless claims ...
Core PCE rose 2.9% on an annual basis in August, slightly higher than the prior month and in line with economists' expectations.
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 ...
Gold held steady on Friday after better-than-expected U.S. GDP data dampened bets of further rate cuts, while investors ...
Traders in the federal-funds-futures market continued to expect two more interest-rate cuts from the Federal Reserve by ...