The Fed-favored inflation measure, the PCE price index, which includes food and energy, jumped by 0.38% in February from January (+4.6% annualized), the biggest jump in a year. Year-over-year, the PCE ...
By Ann Saphir May 28 (Reuters) - One of new Federal Reserve Chairman Kevin Warsh's favorite inflation measures came in cool again on Thursday, offering evidence for his belief that inflation is ...
Investors will get two major inflation reports this week, with the February PCE Price Index on Thursday and the March Consumer Price Index on Friday. The release of the PCE data isn’t all that fresh, ...
February’s PCE report is expected to show elevated price growth, a departure from the softer-than-expected increase in January. Economists forecast goods inflation to firm, keeping annual inflation ...
Kevin Warsh has argued for lower US interest rates by pointing out that a less commonly used measure of inflation, namely, the trimmed mean, is close to the Fed's 2% target. Putting aside the problems ...