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This week, a fresh reading on the Fed's preferred inflation gauge, the Personal Consumption Expenditures (PCE) index, will highlight the economic calendar. ... up from 2.8% the month prior and ...
For the week, the Nasdaq Composite rose more than 1%, while the S&P 500 was near flat. The Dow Jones Industrial Average ( ^DJI ) fell more than 2%. All three indexes were still near record highs.
Over the prior year, prices rose 2.7% in September, above Wall Street's expectations for 2.6% and in line with the 2.7% seen in August. On a yearly basis, overall PCE increased 2.1%, its slowest ...
The Survey of Consumer Expectations is a monthly survey of U.S. households by the New York Federal Reserve Bank. The people are asked about how much the expect to spend, how high they expect inflation to be, their employment situation, and whether they are searching for a job.
Federal Reserve Economic Data (FRED) is a database maintained by the Research division of the Federal Reserve Bank of St. Louis that has more than 816,000 economic ...
Weekly Calendar Monday. Economic data: S&P Global US Services PMI, September (48.5 expected, 47.9 previously); Chicago Fed Nat Activity Index, August (-.20 expected, -0.34 previously). Earnings ...
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 ...
The Nasdaq Composite , driven in part by artificial intelligence hype, has been the clear winner amid expectations the Fed's rate hiking campaign may be winding down, rising 10% since early May.