News

White House budget director Russell Vought suggested in a Thursday letter that Federal Reserve Chair Jerome Powell is in ...
The personal-consumption expenditures price index, or PCE, was in line with the expectations of economists polled by The Wall Street Journal.
Fed Governor Christopher Waller and Fed Vice Chair for Supervision Michelle Bowman, both appointed by President Donald Trump ...
Uncertainty is difficult to quantify, but an Economic Policy Uncertainty Index developed by economists at Stanford and Northwestern has fallen by half since April, when it hit its highest level since ...
President Donald Trump’s tariffs have already driven up some prices, but they have not yet produced the overall inflation ...
The third and final estimate for GDP in the first quarter was just released, and it showed that the U.S. economy contracted ...
The personal-consumption-expenditures price index rose by 2.3% in the 12 months through March, the Commerce Department said Wednesday, the coolest reading since last fall.
The U.S. added 147,000 jobs and the unemployment rate held steady at 4.1 percent in June, according to data released Thursday ...
According to the Commerce Department, the core personal consumption expenditures (PCE) price index rose to 2.7% year-over-year, moving further away from the Fed’s 2% target.
This week told a familiar story with fresh twists—inflation isn't backing down, and global tensions are once again steering ...
Personal consumption expenditures and the PCE Price Index are two different measurements. PCE measures consumer spending on goods and services, while the PCEPI measures the prices of those goods ...
The Personal Consumption Expenditures Price Index (PCEPI), which is the Federal Reserve’s preferred measure of inflation, grew at an annualized rate of 1.6 percent last month.