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Aug. US PCE inflation cools to within reach of Fed target
August PCE: Key fed inflation gauge rises 2.2.% annually, beating expectations
Inflation continued to inch closer to the Federal Reserve benchmark target Friday, falling to 2.2% year-to-year in August, and beating Wall Street forecasts.
August US PCE inflation cools to within reach of Fed target
The personal consumption expenditures (PCE) price index rose 0.1% in August after an unrevised 0.2% gain in July the Commerce Department reported on Friday. Economists had forecast PCE inflation advancing 0.
Inflation shows further signs of cooling off as PCE rose 2.2% last month
Data through the week points to a still-resilient economy overall, leaving traders uncertain about the Fed’s next move.
londonlovesbusiness.com
17h
PCE slowdown strengthens expectations for new ‘jumbo’ rate cut by the Fed
Surprising PCE slowdown sparks speculation about Fed's monetary policy. Find out how this could lead to a new 'jumbo' rate ...
3d
PCE August 2024: More Support For Soft Landing Scenario
Real PCE growth beats expectations, inflation slows, supporting a bullish outlook for equities and bonds. Click for more.
3d
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 ...
Sierra Sun Times
22h
President Joe Biden on the 2024 August Personal Consumption Expenditures (PCE) Report Says Inflation is Down to 2.2%, Similar to Pre-Pandemic Levels
September 30, 2024 - Last Friday, President Joe Biden released a Statement on the August Personal Consumption Expenditures ...
23h
on MSN
Nasdaq, S&P, Dow open in the green as core PCE cools further in August
Major market averages opened higher on Friday, as the Fed's preferred inflation gauge cooled further in August. S&P 500 ...
finanzen
32m
Softer PCE Data Dims Dollar's Dazzle
The U.S. dollar slumped against major currencies during the week ended September 27 amidst further indications of a softening in ...
3d
Morning Bid: US PCE eyed as China rebound accelerates
U.S. stocks surf new records as the last full week of the quarter comes to a close, with China's furious monetary easing ...
3d
Breaking: US headline PCE increased less than expected in August
The core PCE Price Index is projected to rise by 0.2% in August compared to the previous month, aligning with July’s figures.
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Federal Reserve System
Personal consumption expenditures price index
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