February PCE Report: Inflation Comes in Hotter Than Expected
The February personal consumption expenditures (PCE) report is out and core inflation was higher than expected at 2.8% ...
Fed takeaways: Powell minimizes survey data, brings back 'dreaded' transitory word
Market participants roiled by U.S. President Donald Trump's trade war got some relief after chair Jerome Powell called any ...
Seeking Alpha25d
New York Fed's Measure Of 'Inflation Persistence' Nixes Idea That YoY PCE Inflation Cooled
Just briefly here because it's an interesting twist by the New York Fed on Friday's PCE inflation reading ... after "transitory" was retired by Powell himself. The year-over-year MCT accelerated ...
AOL29d
PCE inflation gauge matches expectations, offering relief to Fed
The "core" Personal Consumption Expenditures (PCE) index, which strips out ... a new trend or just a bump in the road." Fed Chair Jerome Powell has also signaled caution. "I would say we're ...