PCE report for August: Inflation slows with core running below forecast
Inflation eased again in August and moved close to the Fed's 2% annual target, the PCE index revealed. The benign inflation reading in August stemmed largely from the falling price of goods such as gas, autos and electronics. The cost of goods fell 0.2% in August and prices are down about 1% compared to a year ago.
Real PCE growth beats expectations, inflation slows, supporting a bullish outlook for equities and bonds. Click for more.
A fresh reading on inflation Friday keeps the Federal Reserve on track to continue cutting interest rates this fall — likely ...
In August, the headline personal consumption expenditures price index rose 2.2 per cent on an annual basis, slightly below ...
U.S. stocks surf new records as the last full week of the quarter comes to a close, with China's furious monetary easing ...
U.S. stock index futures surged on Friday following an inflation report that indicated easing inflation in the economy. The ...
With inflation trends heading in the right direction for the Federal Reserve, the PCE report, which is the Fed’s favored measure of price pressure, should help cement the path lower for interest ...
The core PCE Price Index is projected to rise by 0.2% in August compared to the previous month, aligning with July’s figures.
Overnight saw a big move in Asia. In China, the rally continued in response to the stimulus package that so far has exceeded expectations. [The Hang Seng's 13% gain this week was the best since 1998.] ...
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