Tag Archives: PCE

Services are where two-thirds of consumer spending goes. And that’s where inflation is. But it’s no longer in rents. By Wolf Richter for WOLF STREET. The core services PCE Price Index, which excludes energy services, accelerated to +0.36% (+4.4% annualized) in July from June, the third month in a row of acceleration. The increase was driven by non-housing services; rents continued to decelerate. …

PCE Inflation Stayed Stable in July, Keeping Fed on Track to Lower Interest Rates  The New York Times Core inflation rose to 2.9% in July, highest since February  CNBC US consumer spending strong; core inflation warmer on services  Reuters Inflation is climbing. Trump might still get lower rates.  Politico Here are the biggest takeaways from the government’s latest inflation data  CBS News Source link

The July PCE Inflation Data Are Out. What They Mean for Rates.  Barron’s Core inflation rose to 2.9% in July, highest since February  CNBC Americans kept spending last month despite elevated inflation  CNN PCE Inflation Stayed Stable in July, Keeping Fed on Track to Lower Interest Rates  The New York Times US consumer spending strong; core inflation warmer on services  Reuters Source link

Key Takeaways The July Personal Consumption Expenditures index showed that overall prices rose by 2.6% over the past year, meeting economists’ forecasts and matching the prior month’s results. The closely followed core PCE inflation reading ticked slightly higher from the prior month to 2.9%. Federal Reserve officials are closely monitoring inflation ahead of a possible interest rate cut next month. …

Stock Market Today: Tech-heavy Nasdaq drops sharply; Dow and S&P 500 fall after PCE inflation report as stocks head for weekly decline  MarketWatch Stock market today: Dow, S&P 500, Nasdaq fall from records after PCE inflation data  Yahoo Finance Wall St falls as Dell, Nvidia drive tech losses  Reuters Stock Market Today: Dow Falls 100 Points; Inflation Holds Above Target — Live Updates  The …

Inflation edged higher in July, according to the Federal Reserve’s preferred inflation measure, indicating that President Donald Trump’s tariffs are working their way through the U.S. economy. The personal consumption expenditures price index showed that core inflation, which excludes food and energy costs, ran at a 2.9% seasonally adjusted annual rate, according to a Commerce Department report Friday. That was …

What economists are watching for in tomorrow’s PCE inflation and spending data  MarketWatch The Fed’s Preferred Inflation Gauge, PCE, Is Due Tomorrow. Here’s What to Know.  The Wall Street Journal US Inflation to Edge Up as Powell Shifts on Job Market: Eco Week  Bloomberg.com PCE Inflation Likely Ticked Up in July. That May Complicate the Fed’s Next Rate Decision.  Barron’s Euro Forecast: EUR/USD Recovers …

The Federal Reserve’s preferred inflation measure — the Personal Consumption Expenditures, or PCE — ticked higher last month, signaling that President Trump’s tariffs are pushing some prices higher. Prices rose 2.6% in June compared with a year ago, the Commerce Department said Thursday, up from an annual pace of 2.4% in May. Excluding the volatile food and energy categories, prices …

Inflation posts biggest rise in four months, PCE shows. Tariffs may be filtering into prices.  MarketWatch Consumer spending heated up a bit last month – but so did inflation  CNN Fed’s go-to inflation indicator edges higher in June as tariffs ramp up  Axios Key Inflation Measure Rose in June, Adding to Pressure on Fed  The New York Times Treasury yields slip as traders weigh …