Core PCE inflation, a gauge the Federal Reserve closely monitors, is expected to be little changed in July, when the Commerce Department’s Bureau of Economic Analysis releases its Personal Income and ...
The Federal Reserve’s preferred inflation barometer won’t show a very worrisome increase on Friday, but investors want to know if there’s any devil in the details. The personal-consumption ...
PCE inflation kept on an even keel in July, with no big surprises and matching economists' consensus across the board, according to data released by the Bureau of Economic Analysis on Friday. The tame ...
US core PCE rises by 2.9% YoY in August, up 0.2% MoM. The report broadly meets expectations with PCE numbers all meeting consensus, while personal income and spending came in marginally higher. The ...
The August Personal Consumption Expenditures Price Index increased in line with expectations, up 2.7% from year-ago levels. When volatile food and energy costs are factored out, the Federal Reserve’s ...
It's no surprise that stock futures have moved lower following Friday's personal consumption expenditures report, said Jose Torres, a senior economist at Interactive Brokers. Consumer spending was ...
Markets never really broke into positive territory today, coming off mixed performances from Europe and Asia early in the day. We’ve also sort of run out of near-term catalysts for a refreshment to ...
The Federal Reserve's preferred inflation gauge for February may end up looking out of date, while consumer spending could do little to improve overall weakness for the first quarter The next major ...
Bitcoin could rally to $110,000 as investors await key PCE inflation data out of the US, with analysts saying easing macro risks may trigger a strong April performance. Traditional and cryptocurrency ...
U.S. inflation was “too hot” in the latest personal-consumption-expenditures report, which also showed spending was “too cold,” according to Stephen Brown, deputy chief North America economist at ...
Pre-market futures are mostly up slightly again this morning, with no major economic prints this Hump Day to distract from the laser-focus most market participants currently have today: Q2 earnings ...