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The latest reading from the Personal Consumption Expenditures (PCE) index showed inflation rose 2.1% during the month of September, compared with 2.3% in August — within shouting distance of the ...
Policymakers now forecast headline PCE inflation to reach 2.5% next year, up from the September projection of 2.1%, and 2.1% in 2026, compared to the previous 2% estimate.
The May PCE report is the latest update on inflation as investors ponder when the Federal Reserve will cut interest rates. Fed's preferred inflation gauge shows prices rose at slowest pace since ...
The core Personal Consumption Expenditures (PCE) index, which strips out the cost of food and energy and is closely watched by the Federal Reserve, rose 0.3% from the prior month during September ...
The PCE price index (PePP), also referred to as the PCE deflator, PCE price deflator, or the Implicit Price Deflator for Personal Consumption Expenditures (IPD for PCE) by the Bureau of Economic Analysis (BEA) and as the Chain-type Price Index for Personal Consumption Expenditures (CTPIPCE) by the Federal Open Market Committee (FOMC), is a United States-wide indicator of the average increase ...
Excluding food and energy, core PCE rose 0.1% in August and was up 2.7% from a year ago, the 12-month number 0.1 percentage point higher than July. Fed officials tend to focus more on core as a ...
Wednesday’s report also contained some encouraging news on inflation. The Federal Reserve’s favored inflation gauge — called the personal consumption expenditures index, or PCE — rose at ...
They also put core PCE inflation at 2.5 percent in 2025, a notable increase from the 2.2 percent projection in September. Now, inflation isn’t projected to hit the 2 percent target until 2027.