PCE Inflation

Traders are preparing for the release of the Personal Consumption Expenditure (PCE) price index data, widely regarded as the Federal Reserve’s preferred inflation measure, scheduled for Friday. The Bureau of Economic Analysis will release this key inflation indicator alongside data on...

Bears knocked on Wall Street’s door again Friday, sending large-cap tech stocks lower despite the Fed’s favorite inflation measure meeting expectations. Both the S&P 500 and the Nasdaq 100 index are set to end a 5-week winning streak as investors grow more cautious about the latest...

Bank of America Chief Investment Strategist Michael Hartnett has turned bullish on bonds for the second half of the year, while raising heightened risks of a stock market sell-off as investors bet on the first Fed interest rate cut. Hartnett, known for his bold contrarian market views, reiterated...

Nobel Prize-winning economist Paul Krugman has consistently expressed optimism about cooling inflationary pressures. His recent declaration that the “inflation bump is over” was quickly followed by positive Personal Consumption Expenditure (PCE) data. What Happened: In a post on X...

Editor’s note: This story has been updated to correct the spelling of economist Joseph Brusuelas’ name. The Personal Consumption Expenditure (PCE) price index, a preferred inflation gauge for the Federal Reserve, revealed a steady trend in April, aligning with economist expectations...

Editor’s note: This story has been updated to reflect that personal income growth matched economist expectations in April. The Federal Reserve’s preferred inflation measure held steady in April, aligning with economist expectations, yet keeping investors anxious about potential rate...

The Personal Consumption Expenditure (PCE) price index report, commonly referred to as the Fed’s favorite inflation gauge, is set to be released on Friday and represents the critical data point of the week. This report is highly scrutinized by Fed policymakers to determine the direction of...

The recent release of the Personal Consumption Expenditure (PCE) price index, a key metric favored by the Federal Reserve for gauging inflation, delivered higher-than-anticipated annual rates last month, suggesting that price pressures are facing significant hurdles to achieving the 2% target. The...

Annual inflation measures are easing and, on Thursday, the Federal Reserve’s favored measure — the Personal Consumption Expenditures (PCE) index — was released, showing a drop to 2.4% in January, matching expectations and edging towards the Fed’s 2% target. Core PCE inflation, stripping...

While the Federal Reserve‘s preferred measure of inflation is now close to its target range of 2%, the current turmoil in the Red Sea could give U.S. policymakers a few headaches in the coming months. On Friday, data showed the headline rate of personal consumption expenditures, an inflation...

Personal Consumption Expenditures (PCE) index inflation dropped to its lowest point since March 2021 in November, reinforcing the market’s intensified expectations for multiple interest rate reductions in 2024. With the Federal Reserve’s preferred measure of inflation declining more...

The Personal Consumption Expenditure (PCE) price index, widely regarded as the Federal Reserve’s preferred measure of inflation, exhibited a noteworthy slowdown in October. The PCE annual inflation rate eased from 3.4% year-on-year in September to 3% in October, as expected. This downtrend...

The Personal Consumption Expenditure (PCE) price index, known as the Fed’s preferred measure of inflation, slowed from 3.4% in September to an annual 3% rate in October, the Bureau of Economic Analysis said Thursday. This decrease aligns with economist projections and marks a return to June...

The Bureau of Economic Analysis is set to release the Personal Consumption Expenditure (PCE) index for October, a crucial inflation indicator closely monitored by the Federal Reserve, at 8:30 a.m. ET Thursday. The PCE index stands out as the Federal Reserve’s preferred gauge of inflation...

The personal consumption expenditures price index, which is the Federal Reserve’s preferred gauge for measuring inflation, came in broadly in line with expectations last month, bolstering expectations for unchanged interest rates next week. The PCE price index climbed by 3.4% year-on-year in...