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Worse, the negative cash flow meant banks had to sell assets to raise funds, but the assets they had were selling at a loss ...
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.
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 ...
Today’s PCE data may be outdated as new tariffs and business paralysis reshape inflation and growth expectations. The Fed faces a dilemma: cut rates to support growth, or hold steady and risk ...
The Commerce Department on Friday reported that the personal consumption expenditures (PCE ... Reserve Chair Jerome Powell said at a press conference last week, when the Fed held rates steady ...
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 ...
Going to start off on the economy. We'll be getting the Fed's preferred inflation gauge in the morning. That's personal consumption expenditures or PCE. Cons expecting that both total and core PCE ...
February data for Personal Consumption Expenditures (PCE), which is the Federal Reserve's preferred ... to stay in line with February's reading of 57.9. There will be more Fed commentary as well, with ...