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Fed’s Inflation Measure Ticks Up Amid Uncertainty Over Tariffs
While the consumer price index is more commonly known, the Fed relies heavily on the PCE for deciding its stance on monetary policy. At the moment, the Fed is keeping interest rates high – and borrowing costs for consumers elevated – as it wants to see more data on how President Donald Trump’s import tariffs are affecting inflation.
The Federal Reserve’s preferred inflation gauge had been expected to reinforce the growing case for interest rate cuts sooner ...
US consumer sentiment rose sharply in June to a four-month high and inflation expectations improved notably as concerns eased ...
The PCE price index was projected to rise 0.1% in May, with the annual inflation rate at 2.3%, according to the Dow Jones ...
Crypto markets drop as Bitcoin slides to $106K as PCE hits 2.7%; Goldman and Brooks warn inflation respite may be ending.
Higher inflation from tariffs is still expected to flow through the U.S. economy, but Wall Street investors aren’t expecting ...
Inflation in Tokyo slowed for the first time in four months as energy price gains eased and the municipal government waived ...
French inflation crept up for the first time this year in June, as concerns grow over the effect of geopolitical tensions on ...
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