The May Personal Consumption Expenditures Price Index increased in line with expectations, up 2.3% from year-ago levels. When volatile food and energy costs are factored out, the Federal Reserve’s ...
The BEA's Personal Income and Outlays report showed inflation remained elevated at the end of 2024. The Fed’s preferred inflation gauge, the PCE price index, rose 2.6% YoY in December — the highest ...
July 26 (UPI) --The Federal Reserve's preferred inflation gauge slowed again in June, according to data released Friday, presenting another sign of easing inflation. The personal consumption ...
An inflation gauge closely watched by Federal Reserve policymakers continued to slow in September, as the pace of price growth trended closer to the Fed's target in September. The Commerce Department ...
The BEA's Personal Income and Outlays report revealed inflation remained at its lowest level since early 2021. The PCE price index, the Fed's favored measure of inflation, was up 2.5% year-over-year.
The price gauge used by the Federal Reserve to help set U.S. interest rates accelerated in December, pushing the bank further from its inflation goal and reducing the chance of another reduction in ...
Friday brings another glimpse into how much of an issue inflation is in the U.S. economy. The PCE price index is expected to tick up 0.1% M/M in April vs. flat in March, according to the consensus of ...
PCE inflation rises 0.1% in August, matches Wall Street forecast Core PCE climbs 0.1% in August, below 0.2% Wall Street forecast 12-month increase in PCE index slows to three-and-a-half year low of ...