Search results
Results from the WOW.Com Content Network
Ahead of Friday's PCE release, Federal Reserve Chair Jerome Powell noted recent inflation data "[adds] somewhat to confidence" inflation is moving toward the Fed's 2% target. The Fed's next ...
The Commerce Department also reported on Friday that in the year through November, the PCE price index advanced 2.4% after rising 2.3% in October. Excluding the volatile food and energy components ...
An update on the inflation story will come on Friday with the release of the PCE index for December. Economists expect annual "core" PCE — which excludes the volatile categories of food and ...
The PCE price index (PePP), also referred to as the PCE deflator, PCE price deflator, or the Implicit Price Deflator for Personal Consumption Expenditures (IPD for PCE) by the Bureau of Economic Analysis (BEA) and as the Chain-type Price Index for Personal Consumption Expenditures (CTPIPCE) by the Federal Open Market Committee (FOMC), is a United States-wide indicator of the average increase ...
Economists expect annual inflation according to the Fed's preferred inflation gauge — "core" PCE — clocked in at 3.5% in October. Over the prior month, economists expect "core" PCE rose 0.2%.
The core PCE index — the Fed's preferred gauge of underlying inflation stripping out volatile food and energy prices — likely also ramped compared to December's index.
The personal consumption expenditures (PCE) price index rose 0.3% last month after an unrevised 0.1% gain in November, the Commerce Department said on Friday. Economists polled by Reuters had ...
As the most widely used measure of inflation, the CPI is an indicator of the effectiveness of government fiscal and monetary policy, especially for inflation-targeting monetary policy by the Federal Reserve. Now however, the Federal Reserve System targets the personal consumption expenditures (PCE) price index instead of CPI as a measure of ...