Inflation dynamics inside the August PCE report illustrated stubborn service sector inflation that increased from 3.5% to 3.6% while one can observe rising goods prices. … READ MORE >
PCE inflation
Fed’s preferred inflation gauge accelerates in June as tariffs bite
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 >
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 >