US core PCE rises by 2.9% YoY in August, up 0.2% MoM. The report broadly meets expectations with PCE numbers all meeting consensus, while personal income and spending came in marginally higher. The ...
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 ...
NEW YORK, Sept 26 (Reuters) - The U.S. Commerce Department said on Friday its Personal Consumption Expenditures Price Index (PCE) rose 0.3% in August, versus the prior 0.2% rise in July and matched ...
The Federal Reserve's preferred inflation measure stayed stubbornly above the central bank's 2% target last month, a challenging backdrop for policymakers as the job market weakens. Consumer prices ...
The Federal Reserve's preferred inflation measure stayed stubbornly above target last month, a challenging backdrop for U.S. central bankers as the job market weakens. Consumer prices rose 0.3% in ...
PCE may be the most relevant inflation report when it comes to assessing progress toward the Fed's 2% target, but it is not the most relevant report to the bond market. The reporting lag is the key ...
The Federal Reserve's preferred inflation measure, the personal-consumption expenditures price index, is due out at 8:30 a.m. ET. Here's what to know: In the 12 months through August, PCE likely rose ...
Prices aren't rising so fast as to postpone rate cuts Lumber prices are no longer as high as they were a few years ago, but inflation is still a problem for the economy. The numbers: A key measure of ...
The core personal consumption expenditures (PCE) price index, the Federal Reserve's preferred measure of inflation, rose slightly in August, in line with economists' expectations. Inflation yardsticks ...
S&P 500 futures are up 0.1%. Dow Jones Industrial Average futures are adding 0.2%. Nasdaq 100 futures are gaining barely 0.1% On Thursday, the Dow Jones Industrial Average fell 173 points or 0.3% to ...
Traders in the federal-funds-futures market continued to expect two more interest-rate cuts from the Federal Reserve by year-end as they assessed a reading Friday on U.S. inflation data. Fed-funds ...
The stock market snapped its three-day skid after the Federal Reserve’s preferred inflation gauge met expectations. The Dow Jones Industrial Average rose 300 points, or 0.7%. The S&P 500 gained 0.6%.