Consumer prices overall increased 2.7% from a year earlier, above February's 2.5% rise but well below the 40-year high of 7% ...

Federal Reserve Bank of New York President John Williams was interviewed by Reuters on Wednesday. The following transcript ...

The U.S. PCE inflation rose 2.7%, exceeding the Wall Street expectations, prompting market concerns over a further delay in ...

You need to be a subscriber to view this content.

This gap between CPI and PCE—or the inflation wedge—has been wider than its historical average since the Covid-19 pandemic, showing the influence of sticky housing and services inflation.

On the data front, the headline events are the US GDP Advance estimate on Thursday and the PCE Price Index on Friday. Also out of the US, albeit considered 2 nd-tier data, durable goods orders is ...

When Fed officials talk about their 2% target for inflation, it’s the PCE inflation index they are referring to, not the CPI. What complicates matters is that the PCE and CPI can paint different ...

On a monthly basis, prices increased 0.3%, in line with the advance the prior month, the PCE index shows. A measure of “core” prices that excludes volatile food and energy items and that the ...