The Commerce Department reported that PCE inflation remained elevated in August at a level well above the Federal Reserve's 2 ...
Consumer spending jumped 0.9% in August, far outpacing the growth in household income.The Federal Reserve’s preferred ...
The Federal Reserve’s preferred measure of inflation dipped in August, as multiple central bank officials have said future interest rate hikes could be on the horizon. The personal consumption ...
Inflation slowed a bit last month as Americans ramped up their spending, though price gains remained elevated and are a challenge for many voters as the midterm elections approach ...
Mark Zandi, chief economist at Moody’s Analytics, is sounding the alarm on inflation, warning that the current trajectory of rising prices is troubling. “Inflation obviously is high, and the direction ...
Investors will get two major inflation reports this week, with the February PCE Price Index on Thursday and the March Consumer Price Index on Friday. The release of the PCE data isn’t all that fresh, ...
Federal Reserve chair nominee Kevin Warsh said Tuesday that the underlying inflation trend is improving. "My broad sense is that these inflation risks and the inflation damage [seen] in the last ...
Inflation rose faster than expected in April, thanks to higher gas prices due to the war with Iran. The numbers pose a challenge to incoming Federal Reserve Chair Kevin Warsh: Appointed by a president ...