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US Fed's preferred inflation gauge picks up as tariff effects loom
The US Federal Reserve's preferred measure of inflation edged up in May while spending weakened, government data showed ...
Stock market opens in record territory as investors bet on trade deals, Fed rate cut
The S&P 500 and Nasdaq notched new all-time high in early trading Friday, buoyed by easing trade tensions and hopes for lower ...
The Fed's Preferred Inflation Gauge Was Higher Than Expected In May
Key Takeaways "Core" PCE inflation rose 2.7% over the year in May, higher than the 2.6% anticipated by forecasters.Officials at the Federal Reserve use core PCE prices to judge whether inflation is ...
The 4 forces that drove the stock market's latest record high
The S&P 500 hit a new record high on Friday, soaring to its highest level since February as investors cheered a host of ...
Key inflation gauge rose last month while Americans cut back on spending
At the same time, Americans cut back on spending for the first time since January, as overall spending fell 0.1%. Incomes ...
May PCE Inflation Comes In Slightly Above Forecasts
The Federal Reserve’s preferred inflation gauge had been expected to reinforce the growing case for interest rate cuts sooner ...
Fed’s preferred inflation gauge rose to 2.7% in May — hotter than anticipated
The personal consumption expenditures price index rose 0.1% for the month, pushing the annual inflation rate to 2.3%, ...
Fed's Targeted Inflation Gauge Shows Little Tariff Impact
The measure of inflation watched by the Federal Reserve ticked slightly higher in May, but the numbers didn't show a big ...
The Fed’s Preferred Inflation Gauge Was Slightly Hotter in May
Most economists and policymakers are bracing for price pressures to intensify this summer because of President Trump’s ...
Inflation creeps higher in May and dims chances of the Fed cutting interest rates soon
The latest PCE report probably cements the status quo. Investors expect the Fed to wait until September to cut interest rates ...
May PCE Report: PCE Inflation Index Up 2.3%, In Line With Expectations
The PCE Price Index year over year rose 2.3% in May, in line with forecasts and following an increase of 2.2% in April. Core ...
Fed's preferred inflation gauge shows price increases accelerated in May
Investors have been closely watching data releases for signs of when, or if, the Federal Reserve will cut interest rates this ...