Fed’s ‘bumpy’ road to low inflation seen getting another jolt from PCE price gauge
The Federal Reserve’s preferred inflation gauge is likely to show a sharper increase in prices in October for the second month in a row, adding to the uncertainty about how much the central bank will reduce borrowing costs.
The Fed follows a broad dashboard of indicators to gauge inflation but uses the PCE figure specifically for its ...
US wholesale inflation unexpectedly accelerated in November on a surge in egg prices, while other categories suggested a ...
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Trump Trade Muddles Inflation Outlook in Fed’s Favorite GaugeA stock-market rally boosted by President-elect Donald Trump’s victory is set to put upward pressure on the Federal Reserve ...
October's Personal Consumption Expenditures report is the latest data the Fed will consider in its next interest rate ...
Markets will be closed on Thursday for Thanksgiving, and Friday's trading session will end early at 1 p.m. ET. Recent sticky inflation readings have raised questions about whether the Fed will ...
The Federal Reserve’s preferred measure of underlying inflation accelerated in October from a year ago, helping explain policymakers’ more cautious approach to lowering interest rates.
According to the Federal Reserve’s preferred inflation gauge, consumer prices rose 2.3 percent in October from a year earlier ...
is closely watched by the Federal Reserve as it's deemed a better indicator of underlying inflation trends. Including food and energy prices, the headline PCE Price Index increased 0.2% M/M ...
The data hasn't cooperated. Over the 12 months through October, the Fed's preferred inflation gauge shows prices up 2.8% on a core basis, according to the latest data from the Commerce Department.
Wholesale costs in the United States picked up sharply last month, signaling that price pressures are still evident in the ...
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