The September PCE data show enough progress on headline inflation for the U.S. central bank to continue cutting rates, even though core inflation is still a bit faster than Federal Reserve officials ...

May 30 (UPI) --April personal consumption expenditure inflation was up just 0.1% for an annual rate of 2.1%, according to a Friday Bureau of Economic Analysis report. "From the same month one year ago ...

Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...

Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...

There are two big picture inflation reports in US that address consumer prices: CPI and PCE. Of the two, PCE is broader and more highly regarded by policymakers. The downside is that it comes out ...

The Federal Reserve's preferred inflation gauge showed that prices increased slightly in June as the central bank continues to monitor for signs of tariff-induced inflation impacting consumers. The ...

The full effect of tariffs is not expected to show up in May PCE inflation, with the bulk of the price increases coming later this year. The report is expected to show a 2.3% rise year over year.

Higher inflation from tariffs is still expected to flow through the U.S. economy, but Wall Street investors aren’t expecting the price increases to show up this week. The personal-consumption ...

Inflation has fallen dramatically since peaking in 2022, but it remains above the Federal Reserve’s 2% target. The annual rate of core PCE inflation is expected to drop from 2.8% in December to 2.6% ...

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 ...

Almost as a node to Fed Chair Jerome Powell’s comments yesterday about the state of the economy, this morning’s Personal Consumption Expenditures (PCE) report for June came in mostly warmer than ...