The personal consumption expenditures index, which tracks spending on many everyday household needs, shows stubbornly high prices, even as the Fed's overall rate edges back to its 2 percent target.
The personal consumption expenditures price index was expected to increase 0.2% in September and 2.1% from a year ago.
A measure of inflation closely watched by the Federal Reserve hit a three-and-half-year low in September, the Commerce ...
The Federal Reserve’s preferred inflation gauge showed price pressures cooled last month, rising 2.1% in September from a ...
U.S. consumer inflation got closer to the Federal Reserve’s 2% target in September 2024 when year-on-year total Personal ...
The Federal Reserve’s closely watched inflation gauge rose in September as expected, backing a slower pace of rate cuts than ...
The Fed tends to favor the inflation gauge that the government issued Thursday -- the personal consumption expenditures price index -- over the better-known consumer price index. The PCE index ...
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Biden official: Inflation down without sacrificing growth in ArizonaThe year-over-year increase in the personal consumption expenditures price index eased to 2.1% in September, a Commerce Department report showed.
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The Fed’s favorite inflation index just cooled againInflation has slowed further and is just a hair’s breadth from the Federal Reserve’s 2% target. The Personal Consumption ...
The personal consumption expenditures (PCE) price index eased to a 2.1% annual rate in September, close to the Fed's target.
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