Inflation picked up in June, driven largely by tariffs, according to the personal consumption expenditures price index, the Federal Reserve’s preferred inflation gauge. … READ MORE >
PCE inflation
Market Minute: Spending slowing as consumers navigate uncertainty
We expect a 0.3% increase in personal spending in June as consumers increase outlays following the 0.1% decline in May. … READ MORE >
January PCE index: Strong income gains amid elevated inflation
Underlying inflation appears to have flattened out near 2.5% on an annual basis with service sector costs rising at a 3.4% rate. … 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 >