The personal consumption expenditures (PCE) price index, the Federal Reserve's preferred inflation measure, dropped to 2.1% last month on an annual basis, close to the central bank's goal of a 2% ...

The rate of U.S. inflation using the Federal Reserve’s favorite gauge is likely to show prices rising in August slightly faster than the central bank’s 2% goal, but on a downward trend that justifies ...

The Federal Reserve's preferred inflation gauge showed that prices ticked slightly higher in May as the central bank waits for signs of tariff-induced inflation reaching consumers this summer. The ...

The BEA's Personal Income and Outlays report revealed inflation remained at its lowest level since early 2021. The PCE price index, the Fed's favored measure of inflation, was up 2.5% year-over-year.

The personal consumption expenditures price index, or PCE, inched higher in May, the latest sign that inflation remains stubbornly above the Federal Reserve's 2% annual target. Prices rose 2.3% in May ...

Wall Street doesn't like surprises - and it's not expecting one with today's August PCE inflation report, as my colleague Steve Goldstein noted. Here's a bit more on the current inflation outlook and ...

Economists expect core PCE inflation for August to be slower compared with July, but the tariff impact is not yet over. New trade policies are expected to raise the annual PCE inflation rate to 3% or ...

The Fed’s preferred inflation gauge, the core PCE price index, rose 2.9% year-over-year in August, the highest level since February. On a monthly basis, the core index was up 0.2%, as expected. The ...

Aug. 29 (UPI) --Inflation rose in July, according to the Personal Income and Outlays report from the Bureau of Economic Analysis, the Fed's preferred measure. Core inflation, which excludes food and ...