Fed Chairman Jerome Powell said the PCE inflation report in December is expected to show prices rose 2.6% in the past 12 months, or a somewhat higher 2.8% based on the core rate that omits food and ...
0.1% 0830 PCE Prices Y/Y Dec +2.6% (15) +2.4% 0830 Core PCE Prices M/M Dec +0.2% (21) +0.1% 0830 Core PCE Prices Y/Y Dec +2.8% (16) +2.8% 0945 Chicago PMI Jan 41.0 (7) 36.9 *Revised Figure **3Q ...
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...
Tariffs risk fueling “a strong potential boost” to core PCE, the Federal Reserve’s preferred inflation gauge, said Reid, the bank’s global head of macro and thematic research, in the note.
Core PCE is forecast to rise 0.2% monthly, hinting at gradual disinflation, but sticky annual rates keep traders cautious. Fed signals slower 2025 rate cuts as inflation trends unevenly ...
The core PCE price index—it excludes food and energy components and is considered a better gauge of where inflation is heading—was also up 0.2% in July and 2.6% year over year. That was in ...
S&P 500, Boeing Co, Intel Corporation, Microsoft Corporation. Read Brian Gilmartin's latest article on Investing.com ...
Analysis of CPI inflation data shows mixed results for December 2024, impacting Fed rate decisions and stock market performance in 2025. Read our full outlook on Seeking Alpha.
0.1% 0830 PCE Prices Y/Y Dec +2.6% (6) +2.4% 0830 Core PCE Prices M/M Dec +0.2% (8) +0.1% 0830 Core PCE Prices Y/Y Dec +2.8% (6) +2.8% 0945 Chicago PMI Jan 40.0 (3) 36.9 *Revised Figure **3Q 3rd ...