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 ...
Core PCE inflation, a gauge the Federal Reserve closely monitors, is expected to be little changed in July, when the Commerce Department’s Bureau of Economic Analysis releases its Personal ...
The Federal Reserve’s favored inflation gauge accelerated slightly in August from a year earlier. The Commerce Department reported Friday that its personal consumption expenditures (PCE) price ...
The Federal Reserve's preferred inflation gauge showed that consumer prices remained elevated in September, ahead of the central bank's policy meeting next week. The Commerce Department on Friday ...
Friday's inflation data could soothe some worries about price growth. In September, the Fed's preferred inflation metric slowed down on an annual basis for the first time since April, BEA data ...
Ty Roush is a breaking news reporter based in New York City. Spending slowed down for a second-straight month in September as inflation improved slightly, according to federal data released Friday, ...
The Federal Reserve's preferred inflation gauge showed that inflationary pressures remained elevated in August, as policymakers seek to balance the need to restore price stability against a ...