News

The PCE price index was projected to rise 0.1% in May, with the annual inflation rate at 2.3%, according to the Dow Jones consensus.
Personal consumption expenditures is a measure of consumer spending. PCE is constructed and reported by the Bureau of Economic Analysis, along with personal income and the PCE Price Index, in the ...
President Donald Trump defends his economic record, claiming Democrats are spreading lies about the inflation.
One of the key indicators showed a slight acceleration in prices last month. But nothing is definitive yet. Expectations are rising at the Fed.
Personal income in the U.S. fell by $109.6 billion (0.4%) in May, driven primarily by declines in government benefits and farm income. Consumer spe ...
But the personal consumption expenditures price index didn’t swing much from last month. And it’s unclear when or if Americans will feel a big impact of President Donald Trump’s tariffs at ...
The economic data this week tells a story of resilient consumers facing mounting headwinds. Inflation pressures remain somewhat contained – perhaps due to emerging cracks in ...
Investors have been closely watching data releases for signs of when, or if, the Federal Reserve will cut interest rates this year.
Fed Governor Christopher Waller and Fed Vice Chair for Supervision Michelle Bowman, both appointed by President Donald Trump ...
The personal consumption expenditures price index, or PCE, measures changes in consumer spending on typical goods and services. It’s used to calculate inflation (or deflation) in the U.S. economy.
The Australian Dollar offers its daily gains due to risk aversion as Iran declines to resume nuclear negotiations. President ...