Annual rates of PCE and core PCE were in line with analyst forecasts, but the first-quarter GDP revision missed Wall Street expectations.
The personal consumption expenditures price index, the Federal Reserve's preferred gauge of inflation, jumped due to higher energy costs.
The April PCE report is the first inflation reading released since Kevin Warsh became chair of the Federal Reserve ...
The April reading of the personal consumption expenditures price index was released earlier today.
Economists expect core PCE inflation for August to be slower compared with July, but the tariff impact is not yet over. New trade policies are expected to raise the annual PCE inflation rate to 3% or ...
The May Personal Consumption Expenditures Price Index increased in line with expectations, up 2.3% from year-ago levels. When volatile food and energy costs are factored out, the Federal Reserve’s ...
Goldman Sachs just sent a sobering warning to the Federal Reserve. After analyzing a "noisy" January CPI report, the firm’s economists, led by Jan Hatzius, officially reset their forecast for the ...