given the looming fiscal and trade policy changes, it is growing more likely that the central bank will pause its rate-cutting campaign to ascertain their impact on the economy. … READ MORE >
core PCE
Inflation falls to lowest level since February 2021
With the productivity boom and more interest rate cuts coming, the economy is poised to repeat the economic growth and prosperity of the 1990s. … READ MORE >
Spending cools more than expected as Fed contemplates rate cuts
American consumers pulled back in April as a sign of elevated interest rates weighing further on overall demand as the pandemic fiscal supports wane. … READ MORE >
Forecasts show softer April PCE inflation
We think the top-line PCE inflation will most likely come in at 0.25% for April, down from 0.30% in March, while the core index will slow to 0.26% from 0.30%. … READ MORE >