The Fed’s preferred inflation gauge, the core PCE price index, rose 2.9% year-over-year in August, the highest level since February. On a monthly basis, the core index was up 0.2%, as expected. The ...
The Fed’s preferred inflation gauge, the core PCE price index, rose 2.5% year-over-year in April, marking the lowest level for the index in over four years. The headline index was up 2.1% ...
Forecasts for the September Personal Consumption Expenditures Price Index report see the overall inflation rate continuing to fall, led in part by declining gas prices. The report is also expected to ...