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The inflation gauge the Federal Reserve relies on most to decide whether to raise or lower U.S. interest rates is likely to ...
U.S. consumer prices increased by the most in five months in June amid higher costs for some goods, suggesting tariffs were ...
Economic Report Inflation barely rises, PCE shows, but core rate is still ‘sticky’ ‘Core is very sticky and that is not good news for the Fed,’ economist says ...
The U.S. Commerce Department said on Friday its Personal Consumption Expenditures (PCE) Price Index gained 0.1% in May, matching the rise in April and in line with the consensus estimate in a Reuters ...
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.
First, PCE data is more comprehensive than CPI data. It includes a broader subset of goods and services prices, as well as spending from both rural and urban consumers.
The PCE inflation gauge does a better job of communicating this real, systemic inflation to the Fed's policymakers. The bottom line on PCE (Image credit: Getty Images) ...
PCE report release date and time: Friday, May 30, at 8:30 a.m. EDT; The PCE Price Index is forecast to rise 0.15% in April after falling 0.04% in March.
What is core PCE inflation? An inflation measure that excludes volatile food and energy items also climbed 0.2%, similar to June. That nudged the annual increase in so-called core prices to 4.2% ...
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