The big Personal Consumption Expenditures (PCE) report came out this morning, largely in-line with expectations with a couple exceptions. Headline month-over-month PCE for August was as expected at +0 ...
A key inflation measure fell to its lowest level in more than three years last month, but there’s still plenty of work remaining to get price increases down to the historically acceptable level.
The Bureau of Economic Analysis reported Thursday that the personal consumption expenditures price index, the PCE, rose 3.7% in the first quarter of this year. What does that number mean, and why does ...
As we know, the inflation rate has been going up – last month’s Consumer Price Index showed prices increased by 6.8% in one year. This week we’ll get the latest numbers from the other inflation ...
There is some risk that the effects of supply bottlenecks could eventually reach the service sector. For example, rising lumber prices raise the cost of construction, which could eventually be passed ...
PCE inflation notched a monthly gain of 0.6% and a 5.7% jump year-over-year in November. The data shows prices continued to rise at the fastest pace in decades as Americans entered the holiday season.
People shop at a home improvement store in Brooklyn in January. Inflation has slowed a lot in the past year. (Getty Images) The rate of U.S. inflation based on the Federal Reserve’s preferred PCE ...
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