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The inflation gauge the Federal Reserve relies on most to decide whether to raise or lower U.S. interest rates is likely to ...
A new study by researchers at Intermountain Health in Salt Lake City aims to determine the best method to screen and evaluate ...
The state has already spent more than $5 million on investigations on the site, and estimates that the cost of the cleanup will be more than $14 million.
Economic Report Inflation barely rises, PCE shows, but core rate is still ‘sticky’ ‘Core is very sticky and that is not good news for the Fed,’ economist says ...
Consumer prices likely rose slowly in May, as measured by the Federal Reserve's preferred gauge of inflation, Personal ...
The U.S. Commerce Department said on Friday its Personal Consumption Expenditures (PCE) Price Index gained 0.1% in May, matching the rise in April and in line with the consensus estimate in a Reuters ...
The predicted risks didn’t align well with actual events, raising questions about how well the tool will fare if rolled out.
Inflation has been top of mind in recent years. Most of Wall Street follows the CPI but the Fed favors the PCE. Here's why.
Shelter Price Weights Cause PCE and CPI to Diverge Differences between how components are weighted in the two indexes are often responsible for the differences between CPI and PCE inflation readings.
The PCE inflation measure, followed closely by the Federal Reserve crept up in February. A core reading stayed elevated. What it means for rate cuts.
PCE inflation, a measure tracked closely by the Federal Reserve, picked up in July. A core reading stayed elevated.