Inflation has been top of mind in recent years. Most of Wall Street follows the CPI but the Fed favors the PCE. Here's why.
The Daily Overview on MSN
Fed's key gauge pegs inflation at 2.8% in November, drifting off target again
Inflation is drifting higher again in the Federal Reserve's preferred yardstick, complicating hopes that price pressures were gliding smoothly back to target. The personal consumption expenditures ...
Major stock indexes closed sharply higher for a second straight session Thursday after President Donald Trump reduced tensions with European allies by backing off his threat of imposing new tariffs ...
Futures are trading lower as we prepare to wrap up a rollercoaster week marked by huge market swings. Still, ultimately, ...
Big technology news last night: TikTok announced it officially formed a joint venture that will keep it operating in the U.S.
U.S. consumer spending rose 0.5% in November, keeping economic growth strong as GDP surges and inflation data is distorted by ...
The Fed’s preferred inflation gauge, the core PCE price index, rose 2.8% year-over-year in November. This was consistent with ...
In our news wrap Thursday, Donald Trump is suing JPMorgan Chase and CEO Jamie Dimon for $5 billion, saying the company closed ...
U.S. consumer spending increased solidly in November and October as households stepped up purchases of a range of goods and ...
The Federal Reserve’s preferred gauge for inflation in October and November was released belatedly after the government ...
The personal consumption expenditures inflation report was released on Thursday and contains data for both October and November.
A delayed reading on the Federal Reserve’s preferred inflation gauge released Thursday keeps the central bank on course to ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results