PCE Inflation

Editor’s note: This article was updated to add more detail and context. The Federal Reserve’s preferred inflation gauge rose further in April as the Strait of Hormuz energy shock continued to reverberate through the broader consumer basket, the Bureau of Economic Analysis reported...

Treasury Secretary Scott Bessent has predicted a quick turnaround in the current inflation and high oil prices after a brief period of skyrocketing prices. Bessent, in a discussion with CNBC’s Joe Kernen on Thursday, stated that he is confident these issues will be swiftly resolved once...

New York Federal Reserve ​President John Williams projected that the effect of tariffs could phase out from the inflation rate in the coming quarters. The impact of tariffs, mainly shouldered by domestic producers and consumers, has “not yet fully played out,” said Williams in...

Editor’s note: This article was updated to add more details and context. U.S. economic activity expanded at an annualized rate of 2% in the first quarter, according to the advance estimate released Thursday. The reading marked an acceleration from the prior 0.5% pace but came in below...

Editor’s note: This story was updated to add details, context. U.S. gross domestic product grew at an annualized rate of 1.4% in the fourth quarter of 2025, according to advance estimates released Friday by the Bureau of Economic Analysis. The figure marks a sharp slowdown from the prior...

The inflation lull that helped President Donald Trump keep pressure on the Federal Reserve is over as June's data show the tariffs are finally hitting consumer prices—and Fed Chair Jerome Powell was wise to hold his ground. The most closely watched inflation gauge by the central bank, the Personal...

Inflation picked up again in May, snapping a two-month slowdown, raising fresh concerns that rising tariffs on foreign goods may start to strain U.S. consumers. The Personal Consumption Expenditures (PCE) price index rose 2.3% in May from a year earlier, matching economists’ expectations and...

A 0.25% interest rate cut at the Federal Reserve’s Nov. 7 meeting, just two days after the U.S. presidential election, is almost fully priced in by markets, with another similar cut likely in December as cooling inflation allows the Fed to gradually ease its policy stance. The latest...

Editor’s note: This story has been updated with additional details. Traders faced an unwelcome Halloween threat on Thursday as the Federal Reserve’s favored inflation measure accelerated, raising some concerns on the likelihood of back-to-back interest rate cuts going into the final...

The Federal Reserve's preferred inflation measure, the Personal Consumption Expenditure (PCE) price index, is set to be released on Thursday at 8:30 a.m. ET. Investors and policymakers alike are hoping the data will reaffirm the current disinflationary trend, which could solidify expectations for...

The tech earnings season started with disappointments for investors as shares of the Magnificent Seven companies all declined during the trading week. Alphabet Inc. (NASDAQ:GOOGL) reported stronger-than-expected earnings and revenue, but missed analysts’ targets on YouTube advertising revenue...

Small-cap stocks celebrated their third consecutive week of gains, driven by growing investor optimism towards interest rate-sensitive industries and companies, bolstered by firm expectations of a Federal Reserve rate cut in September. Markets are currently pricing in a 100% likelihood of a Fed...

After a turbulent week in the markets, the bulls reclaimed dominance on Wall Street during Friday’s session, with indices and sectors trading in positive territory as investors welcomed the latest corporate earnings results and further confirmation of inflation progressing toward the Fed...

The Personal Consumption Expenditure (PCE) price index continued to decline in June as economists anticipated, continuing to bolster the case for a Fed rate cut in September. The PCE — a basket of goods and services that most U.S. consumers buy, commonly referred to as the Fed’s favorite...

The inflation report that’s closely watched by the Federal Reserve — the Personal Consumption Expenditure price index — was published on May 31 for April data and sparked a fresh market rally in June, pushing major indexes to their all-time highs. As traders brace for Friday’s PCE price...