A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street looks set to end the shortened week slightly punch drunk, with Friday's May inflation update set to be a decider after a ...
Friday brings another glimpse into how much of an issue inflation is in the U.S. economy. The PCE price index is expected to tick up 0.1% M/M in April vs. flat in March, according to the consensus of ...
Inflation is an increase in prices for goods and / or services in an economy. It hits our pocketbooks, but also drives policy of the US Federal Reserve, which, in turn, impacts the stock market. After ...
There are two big picture inflation reports in US that address consumer prices: CPI and PCE. Of the two, PCE is broader and more highly regarded by policymakers. The downside is that it comes out ...
PCE inflation increases 0.3% in January, matches Wall Street forecast Core PCE rises 0.3% in January, matches Wall Street forecast 12-month increase in PCE index slows to 2.5% from 2.6%.
An inflation gauge closely watched by Federal Reserve policymakers continued to slow in September, as the pace of price growth trended closer to the Fed's target in September. The Commerce Department ...
Analysts expect the April headline PCE to rise by 0.3% m/m and 2.7% y/y, potentially pushing the Fed further from its 2% inflation target. Core PCE is also expected to rise by 0.3% m/m and 2.8% y/y, ...
When most investors think about inflation, they think about the Consumer Price Index. But for the Federal Reserve’s decisions on interest rates, another government report looms larger: the Personal ...