VIEW January PCE inflation no surprise, cools year on year
The U.S. Commerce Department's Personal Consumption Expenditures (PCE) price index increased 0.3% in January after advancing by an unrevised 0.3% in December, data showed on Friday. Economists had expected the PCE price index to climb 0.
The "generally benign" composition of Friday's January personal consumption expenditures inflation data — though not as soft as some had hoped — "flags two distinct paths to a rate cut by June as well ...
Inflation decelerated but people are spending less and saving more as prices keep rising and wage growth slows. It’s worrying ...
The US Bureau of Economic Analysis will release the January PCE Price Index at 7:00 PM today, a key inflation gauge that ...
Gold prices dropped to their lowest level in over two weeks on Thursday as the U.S. dollar strengthened, with investors ...
The Federal Reserve’s preferred inflation gauge cooled as expected in January; however, the good news came with another ...
It's no secret that we don't view the PCE inflation data as being anywhere remotely as big of a market mover as CPI. Today's ...
Investors are waiting for the release of the Federal Reserve's preferred inflation gauge as they eye Trump’s latest trade ...
The US Dollar Index (DXY), which measures the value of the US Dollar against a basket of six major currencies, remains firm ...
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