Dollar dips as inflation data points to lower core PCE
The dollar slipped on Thursday after components of January’s producer price report pointed to lower inflation, and fell ...
Seeking Alpha14d
Fed's preferred inflation gauge rises as expected, personal spending surges in December
The Core PCE Price Index, the Federal Reserve's preferred measure of inflation, increased 0.2% M/M in December, in line with the consensus estimate and ticking up from +0.1% in November ...
Yahoo Finance14d
PCE: U.S. consumer prices rose 2.6% in December
The Bureau of Economic Analysis said Friday that personal consumption expenditures rose 2.6% in December, in line with expectations. Core PCE, omitting food and energy, was 2.8%. File Photo by ...
Wall Street Journal14d
PCE Report Today: Inflation Sped Up in December, Based on Fed's Favored Gauge
Core PCE, which excludes volatile food and energy prices, rose 2.8% year-on-year, as forecast, and in line with November's reading. Core PCE rose 0.2% from November, marking a slight acceleration ...
Inflation Festers In Core Services, PCE Price Index Accelerates For 3rd Month: Justifies Fed's Pivot To Wait-And-See
The PCE price index accelerated for the third month in a row, to 2.6% year-over-year in December, the worst increase since ...