personal consumption expenditures

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....

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 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...

Allianz chief economic adviser and noted economist Mohamed El-Erian believes the Federal Reserve is not just facing a dilemma of inflation fight versus growth — it is in fact staring at a trilemma where financial stability is also a factor. What Happened: "We don't have a good way out of it," El-...

U.S. markets closed mixed on Monday as fears surrounding the banking crisis calmed following the takeover news regarding Silicon Valley Bank. However, the week is set to see some important developments that include the release of the Personal Consumption Expenditures price index, which is the...

Despite witnessing volatility, major Wall Street indices closed in the green last week. Market participants will now be watching out for the release of Personal Consumption Expenditures price index this week, which is the Federal Reserve's preferred measure of underlying price pressures....

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower in a volatile four-day week as the latest batch of inflation data rattled Wall Street. On Friday, the Bureau of Economic Analysis reported the personal consumption expenditures price index increased by 5.4% year-over-year in the month of...

Markets traded lower during Friday’s pre-market session following the Bureau of Economic Analysis report on a 5.4% increase in the personal consumption expenditures (PCE) price index for the month of January. By The Numbers: The PCE rose to 5.4% in January year-over-year, up from 5.3% in...

The SPDR S&P 500 ETF Trust SPY (NYSE: SPY) traded lower on Friday morning after the Bureau of Economic Analysis reported a 5.4% increase in the personal consumption expenditures (PCE) price index in the month of January, another signal the Federal Reserve has hit a speed bump in its battle...