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Morgan Stanley's economics team moved up their core PCE inflation forecast for December following the release. The firm now believes prices increased 0.23% month over month in December, up from ...
Core PCE rose 0.2 % from the prior month, in line with Wall Street's expectations for 0.2% and faster than the 0.1% increase seen in May. ... The report follows recent promising inflation prints.
The latest reading of the Fed's preferred inflation gauge showed prices increased at a pace in line with Wall Street's expectations in July. The core Personal Consumption Expenditures (PCE) index ...
October's Personal Consumption Expenditures report is the latest data the Fed will consider in its next interest rate decision. Key Fed inflation gauge shows PCE 'going sideways' [Video] Skip to ...
On an annual basis, core PCE was up 2.8%, or 0.1 percentage point higher than the estimate. Including the volatile food and energy category, PCE inflation was at 2.7% on an annual basis and 0.3% ...
The Fed's preferred inflation gauge has moved below 3% for the first time since March 2021, before the start of the central bank's rate-hiking campaign.. The Personal Consumption Expenditures (PCE ...
When food and gas prices are added back in, PCE rose 2.2% in August — just two-tenths away from the Fed’s 2% inflation target. That was lower than estimates of 2.3% and down from 2.5% in July.
Economists expect annual inflation according to the Fed's preferred inflation gauge — "core" PCE — clocked in at 3.5% in October. Over the prior month, economists expect "core" PCE rose 0.2%.