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The core personal consumption expenditures (PCE) price index, the Federal Reserve's preferred inflation measure, ticked up last month, rising more than economists had forecast and signaling that ...
Economists forecast that the core PCE inflation index would rise 2.7%. The PCE Price Index increased 0.3% from month-ago levels. Excluding food and energy, the PCE Price Index increased 0.4%.
The Federal Reserve's preferred inflation gauge showed prices rose in February at a pace that continues to exceed the central bank's target level amid its ongoing efforts to tamp down inflation.
The monthly Personal Income and Outlays report showed that personal consumption expenditures, or PCE, increased by $87.8 billion, or .4%, while personal income increased by $194.7 billion ...
The "core" Personal Consumption Expenditures (PCE) index, which strips out food and energy costs and is closely watched by the central bank, rose 0.4% from the prior month during February ...
Annual inflation in the United States (US), as measured by the change in the Personal Consumption Expenditures (PCE) Price Index, held steady at 2.5% in February, the US Bureau of Economic ...
March 28 (Reuters) - The Personal Consumption Expenditures (PCE) price index increased 0.3% in February after advancing by an unrevised 0.3% in January, the U.S. Commerce Department said on Friday.
Forecasts called for the PCE price index to be unchanged from January’s preliminary 2.5% rate. However, one critical barometer — the core PCE index, which serves as a gauge of underlying ...
February data for Personal Consumption Expenditures (PCE), which is the Federal Reserve's preferred inflation gauge, will be released in the morning. Economists are expecting both total PCE and ...
The PCE report also showed the rise in spending last month was slightly less than Wall Street expected. “While real goods spending rebounded in line with the timelier retail sales data ...
So, it's two pretty big pieces of information there," he said. The central bank likes to use the core PCE price index to monitor underlying inflation trends. That measure strips out food and ...
1545 ET – U.S. tariffs and fresh data keep the 10-year Treasury yield afloat, while the two-year slips, ahead of February PCE inflation. A 25% levy on imported vehicles is expected to cause ...
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