PCE

The Core Personal Consumption Expenditure (PCE) price index, the Federal Reserve's preferred measure of inflation, rose 4.6% year-over-year in May 2023, slightly down from both the previous and expected 4.7%, the U.S. Bureau of Economic Analysis reported Friday.  The headline measure of the PCE...

The Federal Reserve’s preferred measure of inflation, the personal consumption expenditure (PCE) price index for the month of May, will be released Friday. Investors are on edge as they eagerly anticipate the unveiling of the PCE inflation figures following a sudden shift in sentiment caused...

The implied odds of a Federal Reserve rate increase in June have increased according to Fed futures pricing, as a preliminary debt ceiling deal struck over the weekend added gasoline to the fire of higher-than-expected PCE inflation and Fed hawkish statements of last week.   CME...

In a Friday appearance on Benzinga’s PreMarket Prep, Cameron Dawson, chief investment officer at New Edge Wealth, provided valuable insights into the state of the bond market and the shifting investor behavior from small-cap stocks toward tech giants. The bond market is being heavily swayed...

The Personal Consumption Expenditure (PCE) price index, the Federal Reserve’s preferred measure of inflation, rose to 4.4% year over year in April, the U.S. Bureau of Economic Analysis reported Friday. The increase, which was ahead of both the projected 4.3% rise and March’s 4.2% surge...

The U.S. Bureau of Economic Analysis issued data Friday showing the Personal Consumption Expenditure (PCE) price index, the Federal Reserve’s favored measure of inflation, rose by 4.4% year over year in April, ahead of the 4.3% expected, and the 4.2% increase seen in March.  The data hints at...

The Personal Consumption Expenditure (PCE) price index, the Federal Reserve's preferred measure of inflation, rose 4.4% year over year in April 2023, up from the 4.2% surge in March and above the expected 4.3% rise, the U.S. Bureau of Economic Analysis reported Friday.  This data...

The S&P 500 logged a weekly gain following the release of encouraging inflation data and a weaker-than-expected first-quarter economic growth report. On Friday, the Bureau of Economic Analysis reported the personal consumption expenditures price index increased by 4.2% year-over-year in the...

The Personal consumption expenditure (PCE) price index grew 0.1% in April from the previous month and 4.2% annually, according to the Bureau of Economic Analysis. That's down from 5% in February and falling short of economist expectations of a 4.6% increase. The price index for...

Market participants are eagerly awaiting for the March personal consumption expenditure (PCE) price index report from the Bureau of Economic Analysis on Friday (April 28), before the market opens.  With the next FOMC meeting in less than a week, what is regarded as the Fed's preferred...

Core PCE inflation, the Federal Reserve's preferred gauge of inflation, rose by 4.6% year-on-year in February 2023, the lowest rate in 15 months and below market expectations of a 4.7% rise.  Core PCE prices rose by 0.3% month-over-month, following a 0.5% surge in January and falling...

The SPDR S&P 500 ETF Trust SPY (NYSE: SPY) traded higher by 0.3% on Friday morning after the Bureau of Economic Analysis reported a 5% increase in the personal consumption expenditures price index in the month of February, suggesting the Federal Reserve still has a long way to go in its battle...

The SPDR S&P 500 (ARCA:SPY) has been trending higher over the last week on the heels of the Federal Reserve's 0.25% rate hike, which very well could be its last in its current chess match with inflation. The central bank's preferred inflation measure will be released ...

The Federal Reserve's preferred measure of underlying price pressures, the Personal Consumption Expenditures price index, is expected to have stayed higher in February according to a survey. According to a Bloomberg survey, PCE price index is estimated to have risen 0.4% in February from a month...

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded higher by 0.7% on Monday ahead of a critical monthly U.S. jobs report expected out on Friday. Economists are expecting the U.S. Labor Department to report the economy added 200,000 jobs in February, down from 517,000 jobs added in January....