The Fed’s preferred inflation gauge, the core PCE price index, rose 2.8% year-over-year in November. The headline index was up 2.8% year-over-year, up from 2.7% in October and in line with the ...
WASHINGTON, March 13 (Reuters) - U.S. consumer spending increased slightly more than expected in January, which together with ...
Investors will get a sense of market vibes on Friday from the University of Michigan's April preliminary readings on ...
In a light earnings week, the focus will be on the consumer price index, the first inflation report to reflect the impact of ...
Goldman Sachs just sent a sobering warning to the Federal Reserve. After analyzing a "noisy" January CPI report, the firm’s economists, led by Jan Hatzius, officially reset their forecast for the ...
The U.S. Commerce Department said on Friday its Personal Consumption Expenditures Price Index (PCE) rose largely in line with ...
Those objectives are at odds right now, and policymakers are split on where interest rates should go from here. Uncertainty ...
Sonu Varghese, chief macro strategist at Carson Group, had this to say about the January PCE data released Friday. "The latest personal consumption expenditures (PCE) inflation data tells us that the ...
Goldman Sachs economists see inflation moving higher this year than in their previous forecast amid the oil price shock ...