The measure of price increases targeted by the Fed sped up in December, reflecting a stubborn spell of inflation that remains modestly higher than the central bank’s target.

The PCE price index accelerated for the third month in a row, to 2.6% year-over-year in December, the worst increase since May 2024. Click to read.

which makes it easy for analysts to forecast PCE inflation with precision. Write to Matt Grossman at [email protected]. We sell different types of products and services to both investment ...

Two more chlorinated solvents have been wholly or partially banned by the U.S. Environmental Protection Agency (EPA) under ...

This chart shows how the Federal Reserve's preferred inflation gauge has moved in recent years—including the spike in price pressures resulting from the Covid-19 pandemic.

The "core" Personal Consumption Expenditures (PCE) index, which strips out food and energy costs and is closely watched by the central bank, rose 0.2% from the prior month during December ...

Jan 31 (Reuters) - U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting interest rates for some time this year. The personal ...

The Fed’s preferred gauge for inflation is the Personal Consumption Expenditures (PCE) report, which came out this morning for the month of December. Results were as in-line with expectations as ...

The PCE index is estimated to have risen 0.3% in December, with a 0.2% rise in the core rate. The Fed is aiming to get inflation back down to 2%, similar to pre-pandemic levels. S&P 500 ...

As we keep an eye on the macro landscape, the pivotal U.S. core PCE — the Fed’s go-to measure for inflation — is set to be released. Expectations are for a hot headline figure, with core ...

Later, a reading from the Federal Reserve's preferred inflation gauge, the PCE price index, showed that price pressures were largely in line with economists' expectations last month. Despite a ...