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 Fed’s Preferred Inflation Gauge Cooled in August
Inflation has been slowing for months, which has paved the way for Federal Reserve interest rates cuts. Inflation cooled in August, the latest sign of progress in the Federal Reserve’s yearslong fight to bring rapid price increases back under control.
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 ...
"The Fed feels as though it has won the battle on inflation and its primary focus is making sure the job market stays steady, ...
The latest report shows that inflation remains on a downward trajectory. A measure of inflation followed closely by the ...
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 ...
Economists see US inflation reaching the Federal Reserve’s target early next year while the unemployment rate picks up ...
Americans and Federal Reserve officials have news to celebrate: Inflation cooled significantly last month, likely giving ...
Bond yields fell Friday after the Federal Reserve’s preferred inflation gauge came in cooler than anticipated.
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