News

JPMorgan reduced its forecast for the chance of a recession this year after the U.S. and China temporarily lowered the higher ...
U.S. consumer prices rebounded moderately in April as declining food costs partially offset rising rents, leading to the ...
Consumer spending, which accounts for more than two-thirds of U.S. economic activity, surged 0.7% in March after an upwardly ...
Back when inflation surged after the COVID pandemic, the New York Fed rolled out a measure of prices that showed that things ...
The Fed's preferred inflation gauge showed price growth slowed in March, as the personal consumption expenditures (PCE) index ...
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.
While some Federal Open Market Committee members worry about the potential for tariffs to push prices higher, economic ...
Food inflation in April tapered by 20 bps to 2.8%. Downward pressure came from cereals, meat, and dairy products; offset by a ...
The Federal Reserve maintained rates but expressed concerns about rising economic uncertainty, higher unemployment, and ...
Last week, we learned that the quarterly PCE price deflator was up 3.7% on an annualized basis. However, monthly PCE prices ...
Consumer spending, which accounts for more than two-thirds of U.S. economic activity, surged 0.7% in March after an upwardly revised 0.5% gain in February, the Commerce Department' said on Wednesday.
Called the multivariate core trend of PCE price inflation, the regional central bank said it was a measure of inflation persistence. It's designed to filter out transitory shocks in a way the core ...