Fed's Favorite Inflation Gauge: What to Expect From August PCE
The Federal Reserve's preferred inflation gauge is expected to show that price pressures continued to ease gradually in August. The personal-consumption expenditures price index, or PCE, tracks a broader range of outlays than the better-known consumer-price index.
The personal consumption expenditures (PCE) price index rose 0.1% in August after an unrevised 0.2% gain in July the Commerce ...
The core PCE Price Index is projected to rise by 0.2% in August compared to the previous month, aligning with July’s figures.
Price Index report showed lower inflation in August than expected, which has economists cheering the results and their ...
The latest personal consumption expenditures price index figures boost the chances of the Fed cutting rates over the coming ...
U.S. inflation appears to be receding based on Friday’s reading from the personal-consumption-expenditures price index, a positive development for markets, according to Chris Zaccarelli, chief ...
"The Fed feels as though it has won the battle on inflation and its primary focus is making sure the job market stays steady, ...
Americans and Federal Reserve officials have news to celebrate: Inflation cooled significantly last month, likely giving ...
The report also includes the latest calculation for the Personal Consumption Expenditures Price Index (PCEPI), which measures price changes and provides a view of inflation. Personal ...
Consumer spending rose a modest 0.2% in August - just ahead of the rate of inflation - to mark the smallest increase in seven months. Economists polled by The Wall Street Journal had forecast a 0.3% ...
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