The GDP report can be used to work out the likely monthly PCE reading: It indicated the core index rose last quarter at a 2.5% seasonally adjusted annual rate.
December’s PCE report on Friday suggests that inflation finished 2024 above the Federal Reserve's 2% target, but it didn't spiral out of control, which is "the ideal outcome" from a stock ...
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A Red-Hot PCE Report Puts Fed Rate Cuts in Jeopardy. What’s Going on With Inflation?The January Personal Consumption Expenditures (PCE) report was released this morning to eager ears as Wall Street continues to hold its breath over potential Fed rate cuts. Inflation rose at the ...
The PCE Price Index increased 0.3% from month-ago ... We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view.
One of the most consequential takeaways from the latest PCE report showed that core inflation, which excludes volatile food and energy prices, was stable in December. An earlier reading from the CPI ...
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Powell says PCE report “pretty much in line” with expectations, but Fed wants to be “confident” before reducing rates.Chair Jerome Powell said the latest PCE report — a key gauge of inflation — released Friday was “pretty much in line” with expectations, but the Federal Reserve wants to be “confident ...
The PCE index rose 0.3% last month, the government said Friday, to mark the biggest increase since last April. The increase in inflation in the past year was at a seven-month high of 2.6% ...
The Bureau of Economic Analysis will publish the personal-consumption expenditures, or PCE, price index for November at 8:30 a.m. ET on Friday as part of its personal income and outlays report.
The next test for rates and inflation comes with Friday’s Personal Consumption Expenditures Price Index (PCE), the Fed’s preferred inflation gauge, which is expected to report the year-over ...
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