Price Index for August showed that core inflation continues to be above the Federal Reserve's 2% long-term target at 2.7%.
The US Dollar Index ( DXY) slid to a fresh yearly low in the aftermath of the US PCE inflation report. A softer-than-expected ...
The personal consumption expenditures (PCE) price index rose 0.1% in August after an unrevised 0.2% gain in July the Commerce ...
Inflation continued to inch closer to the Federal Reserve benchmark target Friday, falling to 2.2% year-to-year in August, ...
Inflation eased again in August and moved close to the Fed's 2% annual target, the PCE index revealed. The benign inflation ...
The technical outlook for gold remains bullish, with prices reaching new records.
The August Personal Consumption Expenditures Price Index posted a softer-than-expected increase, up 2.2% from year-ago levels. Economists had forecast that the PCE index would rise 2.7%.
"The August PCE report supports the Fed's decision to go big on September 18, although the core year-over-year at 2.7% ...
The Federal Reserve's preferred inflation gauge is expected to show that price pressures continued to ease gradually in ...
A fresh reading on inflation Friday keeps the Federal Reserve on track to continue cutting interest rates this fall — likely ...
A statistic that continues to worry economists from the report was the core PCE index, which excludes food and energy costs, which rose 2.7% over 12 months in August, 0.1% higher than it was in July.