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Core PCE Inflation In Line With Expectations
Zacks via Yahoo Finance· 3 days agoPersonal Spending, the only metric to break with estimates, came in at a cooler +0.2% (+0.4% expected), from a downwardly revised +0.7% in March. The PCE...
PCE Index Shows Inflation Is Still Sticky
The Wall Street Journal· 3 days agoAre inflationary pressures abating? Investors got a fresh look with the Federal Reserve's favored inflation metric, the personal-consumption expenditures...
Stock Market News for June 3, 2024
Zacks via Yahoo Finance· 5 hours agoU.S. stocks closed mixed on Friday as market participants digested a series of mixed economic data, which led to heightened speculation about interest...
April PCE Index Forecasts Show Inflation Remaining Sticky
Morningstar· 5 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 ...
It’s time for the Fed to lower interest rates - The Boston Globe
The Boston Globe· 4 hours agoExcluding volatile food and energy costs, so-called core PCE was 2.8 percent, down just a few hundredths of a percentage point from the rate in March. The Fed believes < ...
PCE Inflation Report: What to Expect From Today's Data
Barrons.com· 3 days agoThe personal-consumption expenditures, or PCE, price index for April will be published at 8:30 a.m....
Dollar Edged Down Last Week Amidst Inline PCE Data
RTT News· 4 hours agoPCE-based inflation data from the U.S. that came in mostly along expected lines marginally dragged down the 6-currency Dollar Index during the week ended ...
Stocks: Will a new record follow Friday’s rebound?
The Forex Market· 4 hours agoThe market turned higher as investor sentiment improved following a lower-than-expected Core PCE Price Index release and the usual volatility amid the...
April PCE inflation not too hot, or cool
Reuters via Yahoo Finance· 3 days agoThe personal consumption expenditures (PCE) price index increased 0.3% last month, the Commerce Department said on Friday, matching the unrevised gain in...
Fed's Neel Kashkari Advocates For No Interest Rate Cut Until 'We Get A Lot More Data To Convince Us'...
Benzinga· 8 hours agoFederal Reserve has been under pressure to consider interest rate cuts due to the steady trend in...