THE PESO slipped against the dollar on Monday as a key US inflation measure showed that President Donald J. Trump’s tariffs are beginning to affect prices. The local unit closed at P57.16 per dollar, ...
Terry has 25 years experience in journalism and communications, reporting on a range of topics that include personal finance, telecommunications, Congress, government regulations, and criminal justice ...
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 ...
The Federal Reserve's preferred inflation gauge showed that inflationary pressures remained elevated in July, as the central bank mulls an interest rate cut at its meeting next month. The Commerce ...
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 ...
Bitcoin whales take the blame as “spoofy” transactions send BTC price action below $110,000. The Bitcoin “whale playbook” means that price is repeating behavior from earlier in August. US PCE ...
1546 ET – Treasury yields are mixed ahead of July PCE inflation and as the battle for control of the Fed escalates. Governor Cook sues Trump to block his move to fire her, which has put the ...
June's personal income and spending growth were soft, with both rising just 0.3% MoM, falling short of expectations. Headline and core PCE inflation accelerated to 0.3% MoM, with goods prices rising, ...
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 June Personal Consumption Expenditures Price Index posted a stronger-than-expected increase, up 2.6% from year-ago levels. Economists forecast that the PCE index would rise 2.5%. When volatile ...