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Higher inflation from tariffs is still expected to flow through the U.S. economy, but Wall Street investors aren’t expecting ...
The U.S. Commerce Department said on Friday its Personal Consumption Expenditures (PCE) Price Index gained 0.1% in May, ...
The headline index was up 2.3% year-over-year, as expected.
Tariff-related uncertainty is clouding the Federal Reserve's path forward, even as today's inflation data gives mixed signals ...
New federal data showed that inflation edged up in May, but U.S. prices show only modest impact from U.S. tariffs.
The Federal Reserve's targeted inflation measure ticked slightly higher in May, but the numbers didn't show a big ...
The U.S. Bureau of Economic Analysis announced Friday that core inflation jumped higher than expected last month.
The Commerce Department released the PCE inflation report for May which found the Federal Reserve's favored inflation gauge ticked slightly higher to 2.3%.
US stocks hit record highs as S&P500 and Nasdaq surge. Trade hopes, inflation data, and tech stocks drive a bullish forecast ...
The PCE inflation measure, followed closely by the Federal Reserve crept up in February. A core reading stayed elevated. What it means for rate cuts.
Typically, the PCE index shows a lower inflation level than CPI. In part, that's because rents, which have soared, carry twice the weight in the CPI that they do in the PCE.
March PCE inflation index up 2.7%, stronger than expected. Caldwell continues: “Our base case remains that inflation will resume its march to normal over the rest of 2024, with the six-month ...
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