Inflation has been top of mind in recent years. Most of Wall Street follows the CPI but the Fed favors the PCE. Here's why.
Elon Musk dodged questions about proposed stimulus checks from DOGE savings at a Wisconsin rally Sunday. Here's what he said.
Americans increased their spending last month after taking a breather in January while inflation held steady, new Commerce ...
Despite Powell’s perspective on tariffs and temporary inflation, data shows that many CFOs are concerned. A recent CNBC ...
Earlier on Friday, the Fed’s favorite inflation gauge – the core Personal Consumption Expenditure price index – rose 2.8% on an annual basis in February, surprising estimates of 2.7%.
President Donald Trump's tariff plans are moving forward by levying taxes on imported goods that economists warn will lead to price increases for consumers that could push inflation higher and ...
The weekend may not have been too relaxing for market participants who saw the S&P 500 and Dow Jones plunge almost 2% Friday ...
His economic magic thus far caused a key Federal Reserve inflation measure, the core personal consumption expenditures price index, to increase from January to February and led the University of ...
The Personal Consumption Expenditures price index, the central bank’s preferred inflation gauge, rose 2.5% year-over-year in February, according to data the U.S. Bureau of Economic Analysis ...
Tariffs could push the Personal Consumption Expenditures price index, excluding food and energy, 0.3 percentage point higher by the end of the year, to 3.1%, further from the Fed's headline target ...
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