PCE price index increased 0.3% monthly and 2.6% annually, keeping inflation above the Federal Reserve’s 2% target. Core PCE inflation, the Fed’s preferred measure, climbed 2.8% year-over-year ...
Traders were on guard after Federal Reserve Chair Jerome Powell said on Tuesday that the central bank is in no hurry to lower ...
Traders were on guard after Federal Reserve Chair Jerome Powell said on Tuesday that the central bank is in no hurry to lower ...
Inflation likely started off 2025 by continuing to overstay its welcome, with price increases still gnawing away at the buying power of household budgets.
U.S. stock futures were near the flat line Monday night, as investors looked toward key inflation reports due later in the ...
MarineMax, Inc. reported its Q1 Fiscal 2025 earnings, surpassing Wall Street expectations with a notable earnings per share (EPS) of $0.17, against a forecast of -$0.17. The company's revenue, however ...
The driver of inflation has been and still is in “core” services, which, at 3.8% year-over-year for the core services PCE price index, remains substantially higher than before the pandemic ...
Global commodity prices are expected to decline, potentially easing core and food inflation. Long-term price stability could be achieved by robust data systems for monitoring prices, developing ...
In the 12 months through December, the so-called core inflation advanced 2.8%, matching the increase in November. Fears about tariffs have sent consumers rushing to stock up on goods to avoid ...
The core PCE price index, which excludes the more volatile components of gas and food, hit expectations on the nose: It rose 0.2% from November and the annual rate of underlying inflation held pat ...
Headline inflation is usually expressed as a percentage change on a month-on-month (MoM) and year-on-year (YoY) basis. Core inflation excludes more volatile elements such as food and fuel which ...
though they view core data as a better indicator of inflation. Headline PCE ticked higher from an annual rate of 2.4% in November to 2.6% last month, while core PCE has been at 2.8% for three ...