Fed's Favorite Inflation Gauge: What to Expect From August PCE
The Federal Reserve's preferred inflation gauge is expected to show that price pressures continued to ease gradually in August. The personal-consumption expenditures price index, or PCE, tracks a broader range of outlays than the better-known consumer-price index.
Real PCE growth beats expectations, inflation slows, supporting a bullish outlook for equities and bonds. Click for more.
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Major market averages opened higher on Friday, as the Fed's preferred inflation gauge cooled further in August. S&P 500 ...
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The US Dollar Index ( DXY) slid to a fresh yearly low in the aftermath of the US PCE inflation report. A softer-than-expected ...
The core PCE Price Index is projected to rise by 0.2% in August compared to the previous month, aligning with July’s figures.
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