The personal consumption expenditures (PCE) price index, the Federal Reserve's preferred inflation measure, dropped to 2.1% last month on an annual basis, close to the central bank's goal of a 2% ...
Granted, the Fed targets inflation based on a separate gauge, the personal consumption expenditures price index. It doesn’t ...
Inflation has slowed further and is just a hair’s breadth from the Federal Reserve’s 2% target. The Personal Consumption ...
The Federal Reserve's key inflation rate, the personal consumption expenditures price index, rose in line with expectations ...
the Commerce Department releases the latest Personal Consumption Expenditures price index, the last reading the central bank will get before it meets to set interest rates next week. From the same ...
While prices for most goods have been falling throughout the year, inflation for a wide range of services remains high.
U.S. producer prices picked up in October, lifted by higher costs for services like portfolio management and airline fares, ...
The personal consumption expenditures price index was expected to increase 0.2% in September and 2.1% from a year ago.
US wholesale inflation picked up more than expected in October, indicating that some price pressures persist at the producer ...
As inflation cools for goods, many service sectors-from dining out to insurance-continue to grapple with high costs, putting extra strain on consumers ...