The annual rate of core PCE inflation is expected to drop from 2.8% in December to 2.6% in January. The Fed is expected to hold interest rates steady at its next meeting in March and through much ...
The central bank uses a similar but different inflation gauge than the CPI, known as the personal consumption expenditures price index, or PCE. "The bulk of this progress is behind us now and ...
Federal Reserve (Fed) Bank of Richmond President Thomas Barkin cast his bets on another decline in Personal Consumption Expenditure (PCE) inflation later this week, noting that the Fed has made ...
What though matters is answering whether this is an oversold bounce, true bottom, or whether there is more pain ahead (such ...
Traders are also closely monitoring U.S. economic data, particularly Friday’s Personal Consumption Expenditures (PCE) report, the Federal Reserve’s preferred inflation gauge. Rising price ...
Focus for the week will center on U.S. PCE inflation data and any further ... the optimism in the latest ZEW sentiment index. The breakdown of fourth-quarter German GDP on Tuesday will provide ...
CPI readings tend to run about 0.2 to 0.3 percentage points higher than the PCE, Seydl said. "We're not that far away," Seydl said. "By the end of this year, we'd expect the year-over-year rates ...