Household spending strengthened in September, and revised second-quarter gross domestic product shows the economy entered midyear on firmer footing than initially estimated. … READ MORE >
PCE index
PCE inflation data shows the calm before the storm
On a month-over-month basis, the top-line PCE index, which is the Federal Reserve’s preferred measure of inflation, increased by 0.3%, with the core rate excluding food and energy rising by 0.4%. … READ MORE >
Market minute: Is the fight against PCE inflation like waiting for Godot?
The January PCE inflation report, to be released Friday, will most likely show a 0.3% top-line increase on the month and a 2.5% increase from one year ago. … READ MORE >