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I expect consumer spending to be weak, but not negative, over the next 12 months. And it is not just lower-income Americans ...
President Donald Trump achieved an economic victory after a prominent inflation reading dropped to its lowest reading in four ...
April's PCE shows that disinflation has set in, making it complicated for the Federal Reserve to hold rates amid tariff ...
The Fed’s preferred inflation gauge, the core PCE price index, rose 2.5% year-over-year in April, marking the lowest level ...
San Francisco Federal Reserve Bank President Mary Daly said on Friday cooling inflation offers "relief" for Americans ...
April's PCE report signals disinflation as core PCE rises 0.1% MoM. Service inflation eases, but housing risks remain.
WASHINGTON >> U.S. consumer spending increased marginally in April, with households opting to boost savings amid mounting ...
Economists had expected the personal consumption expenditures index to tick down slightly to 2.2% from the month before.
April's PCE report comes as investors are closely watching for any inflationary impacts from President Trump's tariffs.
From a wealth advisor perspective, Brad Doy, co-founder at VestGen Wealth Partners, believes the tariffs will have an ...
Prices are cooling even though President Trump’s trade war is dragging on and businesses keep threatening to raise their prices in response to it. The personal consumption expenditures (PCE) price ...