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The Federal Reserve’s preferred gauge of inflation, the Personal Consumption Expenditures (PCE) price index, remained ...
A car-buying frenzy, stoked by tariff fears, drove US consumer spending in March to its biggest monthly gain in more than two years, new data showed Wednesday.
The Fed's preferred inflation gauge showed price growth slowed in March, as the personal consumption expenditures (PCE) index ...
Inflation slowed down in March, going by the Federal Reserve's preferred gauge, showing that price pressures were easing ...
The March Personal Consumption Expenditures Price Index posted a stronger-than-expected increase, up 2.3% from year-ago levels. Economists forecast that the index would rise 2.1%. When volatile ...
Back when inflation surged after the COVID pandemic, the New York Fed rolled out a measure of prices that showed that things ...
The personal consumption expenditures price index, meanwhile, remained unchanged from a month earlier for the first time in nearly a year. The U.S. economy shrank for the first time since 2022 ...
The personal consumption expenditures (PCE) price index held steady from February to March while dropping to an annual increase of 2.3 percent from 2.7 percent in February, the Commerce Department ...
STORY: Economic data due this week includes the Personal Consumption Expenditures price index on Wednesday and the nonfarm ...
Wednesday’s report from the Commerce Department showed that the Personal Consumption Expenditures price index rose 2.3% in March from the year before, slower from February’s 2.7% increase.
Economists expected the PCE price index to have cooled to 2.2% annually in March. Consumer spending rose 0.7% from February, marking a sharp acceleration from 0.1%.