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Prices rose faster in May than forecasters had anticipated, and consumers unexpectedly lost income and pulled back on ...
The personal consumption expenditures price index rose 0.1% for the month, pushing the annual inflation rate to 2.3%, according to the Bureau of Economic Analysis.
The Federal Reserve’s preferred inflation gauge, the core personal consumption expenditure (“PCE”) price index, comes out on Friday. While the month-over-month increase for both core and headline PCE ...
The PCE price index was projected to rise 0.1% in May, with the annual inflation rate at 2.3%, according to the Dow Jones consensus.
Most economists and policymakers are bracing for price pressures to intensify this summer because of President Trump’s ...
Investors have been closely watching data releases for signs of when, or if, the Federal Reserve will cut interest rates this year.
Inflation slowed down in March, going by the Federal Reserve's preferred gauge, showing that price pressures were easing before President Trump's steep new tariffs landed earlier this month. The ...
Fed minutes may reveal splits on rate cuts as Trump’s new tariffs fuel inflation risk. Traders brace for volatility in bond ...
The U.S. Bureau of Economic Analysis announced Friday that core inflation jumped higher than expected last month.
The Federal Reserve sees inflation rising again to top 3% this year amid the uncertainty around President Donald Trump's trade policies and intensifying geopolitical risk. Federal Open Market ...
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