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Fed’s Preferred Inflation Gauge Slowed in March
Inflation slowed down in March, going by the Federal Reserve's preferred gauge, showing that price pressures were easing before President Trump's steep new tariffs landed earlier this month. The personal-consumption-expenditures price index rose by 2.
A car-buying frenzy, stoked by tariff fears, drove US consumer spending in March to its biggest monthly gain in more than two years, new data showed Wednesday.
Wednesday's stock market selloff eased slightly after the Federal Reserve's preferred inflation gauge offered some encouraging signs. The core personal consumption expenditures price index, which ...
The Core Personal Consumption Expenditure (PCE) Price Index, a key indicator of inflation and purchasing trends, reported no growth in its latest release. The actual number came in at 0.0%, a ...
US stocks dropped as Wall Street braced for a busy day of Big Tech earnings and digested President Trump's latest move on ...
The personal consumption expenditures (PCE) price index held steady from February to March while dropping to an annual increase of 2.3 percent from 2.7 percent in February, the Commerce ...
Economists expected the PCE price index to have cooled to 2.2% annually in March. Consumer spending rose 0.7% from February, marking a sharp acceleration from 0.1%.
STORY: Economic data due this week includes the Personal Consumption Expenditures price index on Wednesday and the nonfarm payrolls report on Friday. Fed policy makers who meet next week to ...
The Pound Sterling (GBP) depreciates against the US Dollar (USD) and falls after testing the year-to-date (YTD) high of ...
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