It is important to note that real-time inflation as measured by PCE-R is already below the Fed’s target.
The PCE price index was up 0.1% in November and 2.4% from a year earlier. Economists expected a 0.2% monthly rise and 2.5% ...
The S&P 500 Index ($SPX) (SPY) on Friday closed up +1.30%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +1.25%, ...
The Personal Consumption Expenditures index climbed 2.4 percent from a year earlier, though the report’s details were more ...
The AUD/USD is extending its gains for a second consecutive day. The Relative Strength Index (RSI) stands near 33, rebounding ...
This week's biggest to-do in terms of economic reports was this morning's PCE inflation data. The fact that the Fed just ...
Stocks signaled another rough day of trading on Friday after the House of Representatives voted against a Trump-backed ...
The USD/JPY pair pulled back from its highest levels since July, retreating to 156.50 following the release of US Personal Consumption Expenditure (PCE) data. Softer inflation metrics, coupled with ...
Treasury yields were trading lower Friday morning, after fresh data showed U.S. inflation in November rose slightly less than Wall Street expected. The yield on the 10-year Treasury note was down ...
Friday's lower open in U.S. stocks and decline in Treasury yields indicates market participants were taking a bit of a split view on November's PCE inflation data. The morning drop in all three major ...
Consumer spending, which accounts for more than two-thirds of US economic activity, rose last month after a downwardly ...
The Fed's preferred inflation measure for November, the PCE index, came in below Wall Street estimates. However, it remains ...