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Jerome Powell now has exactly what he needed to justify staying on the sidelines. On Thursday, the Commerce Department ...
The Personal Consumption Expenditures, the Federal Reserve's preferred inflation gauge, ticked higher in June.
The Federal Reserve's primary inflation gauge, the core PCE price index, rose more than expected in June. The hurdle to a Fed ...
The Federal Reserve's preferred inflation gauge showed that prices increased slightly in June, as policymakers continue to monitor data for signs of tariff-induced inflation.
June's personal income and spending growth were soft, with both rising just 0.3% MoM, falling short of expectations. Check ...
The Federal Reserve's preferred inflation measure, the PCE, or personal-consumption expenditures price index, for June is due ...
Prices for goods rose in June as businesses passed the cost of tariffs on to customers, according to the Federal Reserve's ...
U.S. inflation increased in June as tariffs boosted prices for imported goods like household furniture and recreation ...
The disappointing readings were largely expected after the Commerce Department said in Thursday’s report on economic growth that core PCE inflation rose at an annual rate of 3.7% in the first ...
Sriram predicts that core PCE inflation will barely budge in the coming months and end the year at 2.8%, allowing the Fed to lower its key interest rate just once this year before cutting it four ...