The Fed follows a broad dashboard of indicators to gauge inflation but uses the PCE figure specifically for its ...
Inflation has fallen sharply since it peaked at 7% in mid-2022, according to the Fed’s preferred measure ... consumption expenditures index is a key gauge of inflation that is closely ...
The Federal Reserve’s preferred measure of underlying inflation accelerated in October from a year ago, helping explain policymakers’ more cautious approach to lowering interest rates.
Markets will be closed on Thursday for Thanksgiving, and Friday's trading session will end early at 1 p.m. ET. Recent sticky inflation readings have raised questions about whether the Fed will ...
is closely watched by the Federal Reserve as it's deemed a better indicator of underlying inflation trends. Including food and energy prices, the headline PCE Price Index increased 0.2% M/M ...
Wholesale costs in the United States picked up sharply last month, signaling that price pressures are still evident in the ...
The latest reading of the Federal Reserve's preferred inflation gauge showed price increases ... "If you think the Fed is on a declining rate path, which we do, that's probably leaning ...