The numbers: A key gauge of U.S. prices rose just 0.1% in November, marking the fifth month in a row in which inflation eased after peaking at a 40-year Read more
Tag: PCE
U.S. inflation still running hot, key PCE price gauge shows
The numbers: A key gauge of U.S. inflation rose a mild 0.3% in September, aided by the lower cost of gas. Yet prices are still going up even if they Read more
U.S. inflation still running hot, key PCE price gauge shows
The numbers: A key gauge of U.S. inflation rose a mild 0.3% in September, aided by the lower cost of gas. Yet prices are still going up even if they Read more
‘Mounting fear is that something else will break along the way’: Stock-market investors look ahead to PCE inflation data amid Fed overtightening worries
Some investors are on edge that the Federal Reserve may be overtightening monetary policy in its bid to tame hot inflation, as markets look ahead to a reading this coming Read more
Cheaper gas holds down inflation, PCE shows, but the cost of everything else is still going up fast
The numbers: A key gauge of U.S. inflation rose a mild 0.3% in August, as another sharp decline in gas prices helped to ease the financial stress on households and Read more
Cheaper gas holds down inflation, PCE shows, but the cost of everything else is still going up fast
The numbers: A key gauge of U.S. inflation rose a mild 0.3% in August, as another sharp decline in gas prices helped to ease the financial stress on households and Read more
Bond yields slip ahead of PCE report, Brainard speech
Bond yields slipped Friday ahead of a key report on inflation and comments from a top Federal Reserve official. What’s happening The yield on the 2-year Treasury TMUBMUSD02Y, 4.146% fell Read more
GDP shrank at 0.6% annual pace in second quarter, but it wasn’t all bad news
The numbers: The economy contracted at an annual 0.6% pace in the second quarter, updated figures show, as high inflation and rising interest rates sapped U.S. growth. Initially the government Read more
Coming up: PCE inflation and consumer spending
The PCE inflation gauge preferred by the Federal Reserve is forecast to rise 0.7% in May. The core rate, which excludes food and gas, is seen increasing 0.4%. The 12-month Read more