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Fed's Favorite Inflation Data Due Friday: How Could Markets React To Surprises?
Thursday, May 30, 2024 - 3:09pm | 671The Personal Consumption Expenditure (PCE) price index report, commonly referred to as the Fed’s favorite inflation gauge, is set to be released on Friday and represents the critical data point of the week. This report is highly scrutinized by Fed policymakers to determine the direction of...
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Fed's Preferred Inflation Gauge Outstrips Expectations: 'Rate Cuts Aren't Necessary For The Bull Market To Continue'
Friday, April 26, 2024 - 11:00am | 679The recent release of the Personal Consumption Expenditure (PCE) price index, a key metric favored by the Federal Reserve for gauging inflation, delivered higher-than-anticipated annual rates last month, suggesting that price pressures are facing significant hurdles to achieving the 2% target. The...
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Inflation Tamed: Analysts Believe Fed's Job Is Done — Most Predict June Rate Cut
Thursday, February 29, 2024 - 12:16pm | 746Annual inflation measures are easing and, on Thursday, the Federal Reserve’s favored measure — the Personal Consumption Expenditures (PCE) index — was released, showing a drop to 2.4% in January, matching expectations and edging towards the Fed’s 2% target. Core PCE inflation, stripping...
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Inflation Warning For 2024: Red Sea Disruptions Causing Freight Rate Spikes And Higher Costs
Friday, December 22, 2023 - 2:41pm | 741While the Federal Reserve‘s preferred measure of inflation is now close to its target range of 2%, the current turmoil in the Red Sea could give U.S. policymakers a few headaches in the coming months. On Friday, data showed the headline rate of personal consumption expenditures, an inflation...
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Is Lower Inflation A Green Light For 2024 Interest Rate Cuts? Markets Are Ending The Year 'Surprised,' CIO Says
Friday, December 22, 2023 - 1:42pm | 798Personal Consumption Expenditures (PCE) index inflation dropped to its lowest point since March 2021 in November, reinforcing the market’s intensified expectations for multiple interest rate reductions in 2024. With the Federal Reserve’s preferred measure of inflation declining more...
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We Are Now At The 'Soft Landing': Economists, Markets React To Subdued PCE Inflation Data
Thursday, November 30, 2023 - 1:21pm | 765The Personal Consumption Expenditure (PCE) price index, widely regarded as the Federal Reserve’s preferred measure of inflation, exhibited a noteworthy slowdown in October. The PCE annual inflation rate eased from 3.4% year-on-year in September to 3% in October, as expected. This downtrend...
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Fed's Preferred Inflation Measure Slows To 3%, Paving The Way For Interest Rate Cuts In 2024
Thursday, November 30, 2023 - 9:36am | 345The Personal Consumption Expenditure (PCE) price index, known as the Fed’s preferred measure of inflation, slowed from 3.4% in September to an annual 3% rate in October, the Bureau of Economic Analysis said Thursday. This decrease aligns with economist projections and marks a return to June...
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Fed's Favorite Inflation Gauge Arrives Thursday: 5 ETFs To Watch
Wednesday, November 29, 2023 - 5:57pm | 724The Bureau of Economic Analysis is set to release the Personal Consumption Expenditure (PCE) index for October, a crucial inflation indicator closely monitored by the Federal Reserve, at 8:30 a.m. ET Thursday. The PCE index stands out as the Federal Reserve’s preferred gauge of inflation...
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Fed's Favorite Inflation Gauge Matches Forecasts, Cementing Interest Rate Pause Next Week
Friday, October 27, 2023 - 8:38am | 346The 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...
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5 Stocks, 5 ETFs Make Moves After Friday Release Of Fed's Preferred Inflation Data
Friday, September 29, 2023 - 11:37am | 640On Friday, the Bureau of Economic Analysis delivered its eagerly awaited report on the Price Consumption Expenditure (PCE) price index, a key metric closely monitored by the Federal Reserve to gauge inflationary trends. The headline inflation indicator showed a slight increase from an upwardly...
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August PCE Inflation Report: Headline Matches Forecasts At 3.5%, Core Falls To 3.9%
Friday, September 29, 2023 - 8:35am | 354The 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...
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All Eyes On PCE: What to Expect From Fed's Key Inflation Metric This Friday
Thursday, September 28, 2023 - 3:55pm | 896The 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...
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Fed's Top Inflation Gauge Drops Thursday: Why You Need To Watch The PCE Price Index
Wednesday, August 30, 2023 - 12:28pm | 665Investors 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....
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Fed's Preferred Measure Of Inflation In Focus: How June's PCE Inflation Figure Plays Into September Rate Decision
Thursday, July 27, 2023 - 12:23pm | 1025After the July Federal Reserve meeting, which resulted in a 0.25% rate hike to a range of 5.25-5.5%, the market will have about two months to examine incoming economic data that will be critical for the Fed’s future interest rate decisions. On Thursday, the second-quarter advanced GDP...
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5 Economists React To PCE Inflation: What Actions Will The Fed Take After May Meeting?
Friday, April 28, 2023 - 12:49pm | 597The 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...