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All posts tagged "PCE"

Powell said the recent data had come in 'pretty much' in line with expectations

Business

US Fed’s inflation fight remains on track despite recent uptick: Powell

The recent rise in US inflation hasn’t stalled the Federal Reserve’s ongoing fight against rising prices, Fed chair Jerome Powell said Friday, shortly after...

AFPMarch 29, 2024

The Fed's favored inflation measure rose last month, fueled by higher energy costs

Business

US Fed’s favored inflation gauge ticks higher as fuel costs rise

The US central bank's favored measure of inflation edged higher last month on the back of rising fuel prices.

AFPMarch 29, 2024

The personal consumption expenditures price index slipped 0.1 percent from October to November, in part as energy costs fell

Business

Key US inflation gauge cools in November as rate cut looms

The personal consumption expenditures (PCE) price index rose 2.6 percent from a year ago in November.

AFPDecember 22, 2023

The Fed's favored inflation gauge slowed further in October

Business

US Fed’s favored inflation gauge slows in October

A key inflation measure used by the US Federal Reserve to set interest rates eased further last month amid declining energy and goods prices,...

AFPNovember 30, 2023