Core PCE, which excludes volatile food and energy prices, rose 2.8% year-on-year, as forecast, and in line with November's reading. Core PCE rose 0.2% from November, marking a slight acceleration ...

December’s PCE report on Friday suggests that inflation finished 2024 above the Federal Reserve's 2% target, but it didn't spiral out of control, which is "the ideal outcome" from a stock investor’s ...

Morgan Stanley joined Barclays and Macquarie in forecasting a single 25 basis point interest rate cut by the U.S. Federal ...

The "core" Personal Consumption Expenditures (PCE) index, which strips out food and energy costs and is closely watched by the central bank, rose 0.2% from the prior month during December ...

The Fed’s preferred gauge for inflation is the Personal Consumption Expenditures (PCE) report, which came out this morning for the month of December. Results were as in-line with expectations as ...

Jan 31 (Reuters) - U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting interest rates for some time this year. The personal ...

The PCE index is estimated to have risen 0.3% in December, with a 0.2% rise in the core rate. The Fed is aiming to get inflation back down to 2%, similar to pre-pandemic levels. S&P 500 ...

The personal consumption expenditures index rose 2.6% in December. Core PCE, omitting food and energy, was 2.8%. Advertisement The December monthly increase was .07%, bringing the annual core PCE ...

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on ...

Inflation was unexpectedly cool in November, as measured by Personal Consumption Expenditures (PCE), the measure preferred ... meant to keep inflation under control. Inflation reaccelerated ...