The Fed’s preferred inflation gauge, the core PCE price index, rose 2.9% year-over-year in July. The headline index was up 2.6% year-over-year, which was consistent with the forecast and marked a ...
The Fed’s preferred inflation gauge, the core PCE price index, rose 2.9% year-over-year in August, the highest level since February. On a monthly basis, the core index was up 0.2%, as expected. The ...
Inflation predictions from prominent forecasters vary widely, with some seeing inflation heating up while others expect it to ...
Core July PCE inflation surged to 2.9% compared to last year, up from 2.8% the month before, and the highest we’ve seen in five months. The overall inflation rate stayed put at 2.6%. The Fed has been ...
The Federal Reserve’s preferred inflation gauge showed little progress in August, a trend that is expected to keep the central bank on course for upcoming interest rate cuts. The Commerce Department ...
Underlying U.S. inflation accelerated in July by the most since the start of the year, though a tepid rise in the costs of goods tempered concerns about tariff-driven price pressures. The core ...
Economists expect core PCE inflation for August to be slower compared with July, but the tariff impact is not yet over. New trade policies are expected to raise the annual PCE inflation rate to 3% or ...
NEW YORK (Reuters) -The U.S. Commerce Department said on Friday its Personal Consumption Expenditures Price Index (PCE) rose 0.2% in July, versus the unrevised 0.3% rise in June and matched the ...
A key inflation measure closely watched by Federal Reserver policymakers is heating up, complicating the case for the interest rate cut that is widely expected next month. Core inflation as measured ...
Trueflation, an alternative measure of inflation that differs from what the Federal government may publish, states that the ...
Pre-market futures are improving following the release of major economic numbers this morning. A drawback in EU markets this morning (Germany reported a surge in unemployment and higher inflation) ...
U.S. stock futures advanced, touching their highest levels of Friday's session, after the latest reading on the Federal Reserve's preferred inflation gauge showed only a modest increase in prices. The ...