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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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'Inflation Will Accelerate In Coming Months' If April 2 Tariffs Take Effect, Economist Warns
Friday, March 28, 2025 - 2:00pm | 629The Federal Reserve's preferred measure of inflation came in hotter than expected on Friday. Experts are weighing in on how the latest data could affect the road ahead. The Details: The Personal Consumption Expenditures (PCE) price index rose 2.5% year-over-year, matching January's reading...
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Fed's Favorite Inflation Gauge Rises More Than Expected In February, Casting Doubt On Near-Term Rate Cuts
Friday, March 28, 2025 - 8:43am | 407The Federal Reserve's preferred inflation gauge rose more than anticipated in February, underscoring the bumpy road back to the 2% target and throwing cold water on expectations for imminent interest rate cuts. According to data released Friday by the Bureau of Economic Analysis, the Personal...
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Tariffs Shock Hit Stocks, Cryptos, While Nvidia Fails To Come To The Rescue: This Week In Markets
Friday, February 28, 2025 - 5:02pm | 557Risk assets tumbled as a wave of bearish sentiment gripped markets, with escalating trade tensions, disappointing earnings and signs of economic fragility weighing on investor confidence. President Donald Trump confirmed a 25% tariff on imports from Mexico and Canada, effective March 4, while also...
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Key Inflation Measure Falls In January: 'Should Catch The Fed's Attention,' Economist Says
Friday, February 28, 2025 - 12:59pm | 517The Federal Reserve's preferred gauge of inflation marked its first decline in four months Friday. Markets and economists are reacting to the latest PCE data. Expert Ideas: January's PCE price index and core PCE price index both rose 0.3% on the month, inline with expectations. The index...
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Federal Reserve's Preferred Inflation Gauge Marks First Slowdown In 4 Months (UPDATED)
Friday, February 28, 2025 - 10:20am | 451Editor's note: This story has been updated with additional details. The Federal Reserve's key inflation measure came in in-line with expectations on Friday, with headline PCE inflation marking its first slowdown in four months. The Details: The Personal Consumption Expenditures price index grew by...
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Pending Home Sales Crash To Record Low, Jobless Claims Soar: Wall Street Reacts
Thursday, February 27, 2025 - 1:03pm | 622Wall Street is digesting a slew of economic data Thursday following updates on pending home sales, jobless claims and fourth quarter GDP estimates. Here's a look at the data and how the markets are reacting. GDP: The second estimate released Thursday by the U.S. Bureau of Economic Analysis revised...
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Inflation Rises Again: May Be 'End Of The Road' For Interest Rate Cuts, Expert Says
Friday, January 31, 2025 - 12:16pm | 566The Personal Consumption Expenditures price index, the Federal Reserve's preferred inflation measure, rose 2.6% in December 2024, according to data released Friday. While the data were in line with expectations, it marks the third consecutive increase in annual PCE inflation, following a low of 2.1...
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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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Fed Interest Rate Cuts Expected, But Economists Warn Of 'Bumpy Course In This Last Mile' To Curb Inflation
Thursday, October 31, 2024 - 12:02pm | 680A 0.25% interest rate cut at the Federal Reserve’s Nov. 7 meeting, just two days after the U.S. presidential election, is almost fully priced in by markets, with another similar cut likely in December as cooling inflation allows the Fed to gradually ease its policy stance. The latest...
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Fed's Favorite Inflation Metric Accelerates In September, Personal Income Rises More Than Expected (UPDATED)
Thursday, October 31, 2024 - 9:04am | 479Editor’s note: This story has been updated with additional details. Traders faced an unwelcome Halloween threat on Thursday as the Federal Reserve’s favored inflation measure accelerated, raising some concerns on the likelihood of back-to-back interest rate cuts going into the final...
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Fed's Favorite Inflation Gauge Expected To Fall In September: How Will Markets React?
Wednesday, October 30, 2024 - 4:37pm | 608The Federal Reserve's preferred inflation measure, the Personal Consumption Expenditure (PCE) price index, is set to be released on Thursday at 8:30 a.m. ET. Investors and policymakers alike are hoping the data will reaffirm the current disinflationary trend, which could solidify expectations for...
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Personal Income And Spending Disappoint, Super Micro Computer Lesson, BOJ Supporter As Japan PM
Friday, September 27, 2024 - 11:30am | 1502To gain an edge, this is what you need to know today. Spending Disappointment Please click here for an enlarged chart of Super Micro Computer Inc (NASDAQ:SMCI). Note the following: This article is about the big picture, not an individual stock. The chart of SMCI stock is being used to illustrate...
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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...