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Federal Reserve's Preferred Inflation Gauge Falls To 2025 Low, But Jerome Powell Maintains 'Wait-And-See' Stance Amid Tariff Uncertainty
Monday, June 2, 2025 - 8:41am | 726April’s Personal Consumption Expenditures data presented a complex picture for Jerome Powell, with economists suggesting the persistent cloud of tariff uncertainty compels the central bank to “wait and see” policy stance even as “disinflation” has set in. What Happened...
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Trump's 25% Auto Tariffs Rattle Wall Street, Fed's Favorite Inflation Gauge Surges, Consumer Price Worries Rocket: This Week In Markets
Friday, March 28, 2025 - 4:55pm | 536Risk sentiment deteriorated sharply in the second half of the week after President Donald Trump announced sweeping tariffs on imported automobiles, compounding concerns about rising inflationary pressures. On Wednesday evening, the White House revealed plans to impose a 25% tariff on auto imports,...
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Market Volatility Halts On Soft Inflation Data, Yet Traders Remain Wary Of Fighting The Fed: 10 ETFs Moving Friday
Friday, December 20, 2024 - 11:14am | 750Markets saw a brief reprieve Friday as the Federal Reserve’s preferred inflation gauge came in below expectations, tempering concerns of mounting volatility after this week's hawkish policy pivot. The Personal Consumption Expenditures price index rose 2.4% year-over-year in November, missing...
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Stocks Fall, Yen Eyes Best Day In 2 Months, Bitcoin Rebounds Above $96,000: What's Driving Markets Wednesday?
Wednesday, November 27, 2024 - 2:46pm | 995Global markets faced turbulence by midday Wednesday as an unwinding of yen-dollar carry trades drove sharp losses in U.S. equities, with the tech-heavy Nasdaq 100 falling 1.2% in intraday trading. Rising expectations that the Bank of Japan may raise interest rates in December pushed the dollar-yen...
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Fed's Favorite Inflation Gauge Heats Up As Predicted, Personal Incomes Soar
Wednesday, November 27, 2024 - 11:19am | 460An inflation gauge that’s closely watched by the Federal Reserve rose as anticipated in October, while personal income and spending data continues to reveal a resilient U.S. consumer. Earlier on Wednesday, the second estimate of the third-quarter economic growth was 2.8%, in line with the...
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Inflation Decline Strengthens Confidence In Fed's Interest Rate Cut: 'If You Were Second Guessing The Fed... You Aren't Now'
Friday, September 27, 2024 - 10:37am | 912Friday's Personal Consumption Expenditures (PCE) Price Index report showed lower inflation in August than expected, which has economists cheering the results and their positive impact for consumers and the stock market. What Happened: The Personal Consumption Expenditures Price Index is the...
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Fed's Preferred Inflation Gauge Comes In Below Expectations For August, Easing Concerns About Rising Prices
Friday, September 27, 2024 - 8:42am | 685The Federal Reserve’s preferred measure of inflation in August came in below expectations, showing a decline from July’s inflation rate. According to government data released Friday, the Personal Consumption Expenditures (PCE) Price Index increased by 2.2% in August compared to the same...
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Traders Brace For Fed's Favorite Inflation Report Friday: July Price Pressures Expected To Edge Higher
Thursday, August 29, 2024 - 8:28am | 629The next Personal Consumption Expenditure (PCE) inflation report, closely watched by the Federal Reserve, will be released at 8:30 a.m. ET Friday. This highly anticipated inflation report will likely illuminate whether broad price pressures align with the Fed’s 2% target or if they remain...
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Sticky Inflation Persists: Fed's Preferred Measure Climbs, Analysts Sound Off
Friday, March 29, 2024 - 10:20am | 672The headline annual inflation rate, as measured by personal consumption expenditures (PCE), rose to 2.5% in February as expected, up from 2.4% in January as personal spending came in unexpectedly high. While the monthly inflation rate, according to the Fed’s favored gauge of price increases,...
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Inflation Ticks Higher In February: Is A May Interest Rate Cut In The Cards? (UPDATED)
Friday, March 29, 2024 - 9:16am | 726Editor’s note: This story has been updated with additional details and to reflect an upward revision to January’s core price index. Personal consumption expenditures, the Federal Reserve’s preferred measure of inflation, rose as economists expected in February, leaving markets...
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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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Fed's Favorite Inflation Gauge Cools More Than Expected, Cementing Rate Cut Expectations For 2024
Friday, December 22, 2023 - 9:34am | 337The Federal Reserve’s preferred inflation gauge, measured by the Personal Consumption Expenditure (PCE) index, continues to cool down, fueling expectations of interest rate cuts in 2024. Friday’s Economic Digest: November PCE Report, Personal Income, Spending The headline PCE came in...
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Peter Schiff Criticizes Fed's Rate Cut Plans Amid Weakening Dollar: 'This Couldn't Come At A Worse Time'
Thursday, December 21, 2023 - 9:12pm | 685In a recent tweet, Peter Schiff expressed concern over the declining U.S. Dollar Index and the Federal Reserve’s plans for interest rate cuts. Schiff’s tweet, posted on December 21, highlights the potential inflationary impact of these rate cuts, especially given the current technical...
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Benign Inflation Today Keeps Fed Rate Hike At Bay: Economists Expect Powell To Hold Steady After Latest Data, Markets Find Relief
Friday, October 27, 2023 - 11:20am | 837The Federal Reserve’s preferred measure of inflation came in broadly in line with the consensus of Wall Street economist expectations in September, effectively solidifying already heightened expectations that the Fed will refrain from raising rates again next week. The personal consumption...
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Declaring Victory On Inflation Would Be 'Premature,' LPL Financials Strategist Says On August PCE
Friday, September 29, 2023 - 12:08pm | 440The 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...