The Fed’s go-to inflation gauge ticked up less than expected
Dec 20, 2024 · The Personal Consumption Expenditures price index rose 2.4% in November from the year before, heating up from the 2.3% increase notched in October, according to new Commerce Department data ...
PCE Inflation Report: Price Growth Cools Slightly
Dec 19, 2024 · The latest personal-consumption expenditures price index was published at 8:30 a.m. Eastern time today. Here's a quick glance at the November numbers: Headline M/M: Increased by 0.1% vs. 0.2%...
Personal Income and Outlays, November 2024
Dec 20, 2024 · Disposable personal income (DPI), personal income less personal current taxes, increased $61.1 billion (0.3 percent) and personal consumption expenditures (PCE) increased $81.3 billion (0.4 percent). The PCE price index increased 0.1 percent.
Core PCE Inflation Hits 2.8% As Interest Rate Cut Hopes Dwindle
Dec 20, 2024 · The core personal consumption expenditures index rose 2.8% year-over-year, according to the metric released Friday morning by the Commerce Department, matching October’s reading.
Inflation is down, but prices are still up - CBS News
Oct 31, 2024 · The personal consumption expenditures (PCE) price index, the Federal Reserve's preferred inflation measure, dropped to 2.1% last month on an annual basis, close to the central bank's goal...
Latest inflation data gives a ‘bright green light’ for a rate cut
Aug 30, 2024 · The Personal Consumption Expenditures price index, which the Fed uses for its 2% target rate, was 2.5% for the year ended in July, unchanged from June. On a monthly basis, prices increased 0.2%...
PCE Inflation Report: October Price Growth Remained Stubborn
Nov 27, 2024 · Follow live coverage and analysis of the October data release. The Bureau of Economic Analysis's personal consumption expenditures price index for October showed the Federal Reserve's...
Inflation is inching closer toward the Fed’s 2% target
Jul 26, 2024 · The Personal Consumption Expenditures price index — a closely watched inflation gauge that the Federal Reserve uses for its 2% target — slowed to 2.5% for the 12 months ended in June from...
Dec 20, 2024 · The PCE price index increased 0.1 percent. Excluding food and energy, the PCE price index increased 0.1 ... Personal consumption expenditures (PCE) is the value of the goods and services purchased by, or on the behalf of, ... Personal Income and Outlays News Release Tables Table 1. Personal Income and Its Disposition (Months)
United States PCE Price Index Monthly Change - TRADING …
Nov 27, 2024 · The US personal consumption expenditures price index likely increased by 0.2% month-over-month in November 2024, matching the gains of the previous two months. The core PCE index, which excludes volatile food and energy prices, is also expected to rise by 0.2%, easing from the 0.3% increases recorded in October and September.