PCE

By RoboForex Analytical Department The EUR/USD currency pair saw an uptick, reaching 1.0944 at the onset of the final week of November. This movement indicates a weakening of the US dollar against the Euro. Key to this shift is the upcoming release of the Core Personal Consumption Expenditures (PCE...

The personal consumption expenditures price index, which is the Federal Reserve’s preferred gauge for measuring inflation, came in broadly in line with expectations last month, bolstering expectations for unchanged interest rates next week. The PCE price index climbed by 3.4% year-on-year in...

The Bureau of Economic Analysis is slated to unveil the Federal Reserve’s favored gauge of inflation, the Personal Consumption Expenditure (PCE) index for September, at 8:30 a.m. ET on Friday. This data holds immense significance as it not only serves as the primary inflation metric closely...

Stop Gap Funding Over the weekend, Congress finally came together in an overwhelming 89-9 vote to pass the stopgap bill keeping the government from shutting down. This has occurred 15 times in United States History, and with so much on the line, Congress was willing to make this number 16 mainly...

The Personal Consumption Expenditure (PCE) Price Index for August, the Federal Reserve’s favored inflation measure, issued on Friday, showed mixed outcomes and supported investor uncertainty over potential adjustments in the Fed’s stance on interest rates. PCE By The Numbers: Headline...

The Personal Consumption Expenditure (PCE) Price Index report for August — the Fed’s preferred inflation gauge — released Friday delivered mixed results, keeping investors on edge over the future of Fed’s decisions on interest rates. August PCE Inflation Report: Key Highlights The...

The Bureau of Economic Analysis is set to release the Federal Reserve’s preferred measure of inflation, the personal consumption expenditure (PCE) index for August at 8:30 a.m. ET Friday. Why the PCE Index Matters to the Fed The PCE price index is the Fed’s preferred tool for tracking...

The Employment Issue Lots of interesting news this week where we address these important questions: Is the labor market cooling as quickly as some believe? How long can housing prices continue to rise? Is the trend towards services spending and away from goods continuing? Will anyone be...

On Sunday, Nobel laureate Paul Krugman, expressed skepticism regarding the Federal Reserve’s measure of “supercore” inflation, suggesting that it might not be a reliable indicator of underlying inflationary pressures. What Happened: In a series of posts on X, formerly Twitter,...

The S&P 500 leaped higher in early Thursday trading action even though the Federal Reserve's favored inflation measure, the Personal Consumption Expenditures (PCE) price index, recorded a year-on-year increase of 3.3%. The PCE for July came in higher than June’s 3% and matched economists...

The Federal Reserve’s favored inflation measure, which can encompass a broad array of consumer expenses, experienced a slight increase last month from its lowest levels in over two years. In July, the year-on-year increase in the Personal Consumption Expenditures (PCE) price index reached 3....

Investors have their radar focused on the July data of the Personal Consumption Expenditure (PCE) price index, due on Thursday at 8:30 a.m. EST. The Fed’s most prominent inflation gauge carries a critical importance in shaping the central bank’s future decisions on interest rates....

Philadelphia Federal Reserve Bank President Patrick Harker on Tuesday hinted at a potential pause in the Fed’s interest rate hiking cycle, an indication the Fed may be done with its most rate hike campaign. What Happened: Speaking at a Philadelphia Business Journal event, Harker said, "Absent...

Inflation statistics keep pointing to a gradual decrease in price pressures across the economy. This is what emerges from the June report of the Personal Consumption Expenditure (PCE) price index released on Friday by the Bureau of Economic Analysis. In June, the Fed’s preferred measure of...

The Core Personal Consumption Expenditure (PCE) price index, the Federal Reserve’s preferred inflation measure, rose 4.6% year-over-year in May, lower than the expected 4.7%, according to data issued Friday by the U.S. Bureau of Economic Analysis. The market adjusted expectations for a Fed...