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Fed seen more likely to cut rates in Sept after PCE data By Reuters
Investing.com· 5 days agoThe report showed the core personal consumption expenditures price index, which the Fed uses to...
U.S. Consumer Prices Rise In Line With Estimates, Core Prices Edge Up Less Than Expected
RTT News· 5 days agoThe Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.3 percent for the third straight month in April, matching economist estimates ...
May CPI preview: Incremental improvement
The Forex Market· 6 hours agoMay's CPI report is unlikely to suggest inflation is rapidly approaching the Fed's target, but it should at least offer more evidence that the first...
Gold posts fourth monthly rise on Fed rate cut hopes
Reuters via Yahoo Finance· 6 days ago"Gold is down despite the friendly PCE report and softer consumer spending, which could suggest near-term exhaustion in what has been a remarkable rally...
Top 5 Momentum Stocks for June After an Impressive May
Zacks via Yahoo Finance· 1 day agoGDP growth rate downward for first-quarter 2024 to 1.3% from 1.6% reported earlier. The data is...
April PCE: Key Fed inflation gauge rose 0.2%, in line with expectations
UPI· 5 days agoInflation in April as measured by the personal consumption expenditures price index rose in line...
Stock Market Today: What to Watch Ahead of PCE Inflation Report
The Wall Street Journal· 5 days agoThe Fed's preferred inflation gauge is due at 8:30 a.m. ET. Follow along for live updates on stocks...
MGM Resorts and Bloomin' Brands have been highlighted as Zacks Bull and Bear of the Day
Zacks via Yahoo Finance· 5 hours agoMeanwhile, as inflation remains elevated, consumer spending is unlikely to jack up for the rest of...
April PCE Index Forecasts Show Inflation Remaining Sticky
Morningstar· 7 days agoEconomists expect the overall PCE Price Index to rise 2.7% on an annual basis in April, the same rate of inflation as seen in March, according to FactSet’s consensus estimates ...
Stock market today: Sell-off continues as markets digest new data, brace for PCE
Business Insider via Yahoo Finance· 6 days agoImages Stocks were lower again on Thursday, extending a sell-off in the holiday-shortened week. A...