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Fed’s Preferred Inflation Gauge Slowed in March
Inflation slowed down in March, going by the Federal Reserve's preferred gauge, showing that price pressures were easing before President Trump's steep new tariffs landed earlier this month. The personal-consumption-expenditures price index rose by 2.
A car-buying frenzy, stoked by tariff fears, drove US consumer spending in March to its biggest monthly gain in more than two years, new data showed Wednesday.
Wednesday's stock market selloff eased slightly after the Federal Reserve's preferred inflation gauge offered some encouraging signs. The core personal consumption expenditures price index, which ...
The personal consumption expenditures (PCE) price index held steady from February to March while dropping to an annual increase of 2.3 percent from 2.7 percent in February, the Commerce ...
and Personal Consumption Expenditures Price Index. We’ll also get more recent glimpses from April’s jobs report and the Conference Board’s consumer confidence survey for the month that’s ...
STORY: Economic data due this week includes the Personal Consumption Expenditures price index on Wednesday and the nonfarm payrolls report on Friday. Fed policy makers who meet next week to ...
Q/Q vs. +0.2% consensus and +2.4% in Q4 2024, according to data released by the Bureau of Economic Analysis on Wednesday.
Economists expected the PCE price index to have cooled to 2.2% annually in March. Consumer spending rose 0.7% from February, marking a sharp acceleration from 0.1%.
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