The Personal Consumption Expenditures Price Index (PCE), the Federal Reserve's preferred inflation metric over the past 25 years, came in hotter than expected recently and Wall Street wasn't pleased.

3% in the PCE measure. "It looks like a 'wait-and-see' Fed still has more waiting to do," as chief economic strategist at Morgan Stanley Wealth Management Ellen Zentner told CNBC, "Today's higher ...

The latest reading of the Federal Reserve's preferred inflation gauge showed prices increased more than expected in February as inflation remained above the Fed's 2% target. The release comes as ...

The Commerce Department released the February personal consumption expenditures (PCE) index, which showed that inflation ...

Federal Reserve Chair Jerome Powell said at a conference Friday that President Donald Trump's tariffs are likely to increase inflation and slow economic growth, saying the central bank will do ...

Powell’s remarks suggest officials may be more cautious about lowering rates. In a post on Truth Social Friday, Trump wrote, "This would be a PERFECT time for Fed Chairman Jerome Powell to cut ...

While recent CPI figures suggested cooling price growth, PCE forecasts imply the Fed has little room to ease. Fed speakers have described the business environment as stalled, with visibility ...

Kevin Dietsch/Getty Images "This would be a PERFECT time for Fed Chairman Jerome Powell to cut Interest Rates," Trump said in a post on Truth Social. Trump also claimed without evidence that ...

Bank of America sees stagflation risks rising and warns the “Powell ... Fed had already raised its inflation expectations for 2025, forecasting headline Personal Consumption Expenditures (PCE ...

Trump made the remarks on his social media platform just minutes before Powell spoke publicly about the tariffs for the first time. “This would be a PERFECT time for Fed Chairman Jerome Powell ...