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The Personal Consumption Expenditures, the Federal Reserve's preferred inflation gauge, ticked higher in June.
The core personal consumption expenditures price index, which strips out the cost of food and energy, rose 0.3% on the month ...
June's personal income and spending growth were soft, with both rising just 0.3% MoM, falling short of expectations. Check ...
The likelihood of a Federal Reserve interest rate cut at the upcoming September FOMC meeting has taken another hit following ...
U.S. inflation increased in June as tariffs boosted prices for imported goods like household furniture and recreation ...
The Federal Reserve's preferred inflation gauge showed that prices increased slightly in June, as policymakers continue to monitor data for signs of tariff-induced inflation.
Inflation picked up in June, as measured by the Federal Reserve's preferred gauge, reflecting the continued price pressures ...
The price index was the latest indication that President Trump’s tariffs are beginning to show up in consumer prices.
Prices for goods rose in June as businesses passed the cost of tariffs on to customers, according to the Federal Reserve's preferred measure of inflation.
June PCE inflation rose 0.3%, the highest in four months, raising doubts over a fall rate cut as tariff effects push prices ...
Bret Kenwell, U.S. investment analyst at eToro, shared the following comments about Thursday's PCE price index reading for June, which reflected an acceleration in inflationary pressures last month.
PCE headline and core inflation rose again in June relative to upwardly revised figures in May and April. A month ago, core PCE inflation was recorded as 2.57 and 2.67 per cent for these two months ...