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.

While prices for most goods have been falling throughout the year, inflation for a wide range of services remains high.

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The personal consumption expenditures (PCE) price index eased to a 2.1% annual rate in September, close to the Fed's target.

Finally, the September core personal consumption expenditures (PCE) price index - widely seen as the Federal Reserve's preferred inflation gauge - was a mixed bag. The PCE deflator rose at its highest ...

As a presidential race profoundly shaped by Americans' frustration with high prices nears its end, the government said ...

The personal consumption expenditures price index was expected to increase 0.2% in September and 2.1% from a year ago.

U.S. consumer inflation got closer to the Federal Reserve’s 2% target in September 2024 when year-on-year total Personal ...

(CNN)– Inflation cooled even more last month ahead of a possible rate cut. Inflation is now just shy of the Federal Reserve’s 2% target. According to the Commerce Department’s data released on ...

The year-over-year increase in the personal consumption expenditures price index eased to 2.1% in September, a Commerce ...

The Federal Reserve’s preferred inflation gauge showed price pressures cooled last month, rising 2.1% in September from a ...