When Fed officials talk about their 2% target for inflation, it’s the PCE inflation index they are referring to, not the CPI. What complicates matters is that the PCE and CPI can paint different ...

At a very basic level, the CPI is constructed by the Bureau of Labor Statistics (BLS), while the PCE is made by the Bureau of ...

Instead, the Fed chopped rates by a half point. Before the regular five-year update to U.S. inflation figures, the PCE index showed annual price increases peaking at 7.1% in the summer of 2022.

You might think they’d be about the same, but think again. It turns out, the CPI shows consistently higher inflation than the PCE. That’s because the two measures put different emphasis or ...

Headline PCE inflation rose 0.2% in August Core PCE inflation rises 0.2% in August 12-month increase in headline PCE up 2.5%, same as July Core PCE price increase year-over-year 2.6%, same as ...

Economists polled by the Wall Street Journal expect the headline PCE price index to remain steady at 2.5% year over year in ...

The US Dollar dives lower after softer PCE Markets are pricing in 50 basis points rate cut again. The US Dollar Index pops out of the September range again. The US Dollar (USD) trades lower in the ...

Sept 27 (Reuters) - The personal consumption expenditures (PCE) price index rose 0.1% in August after an unrevised 0.2% gain in July the Commerce Department reported on Friday. Economists had ...

Since 2000 the Federal Reserve has used the personal-consumption-expenditures (PCE) price index, rather than the CPI, as its preferred measure of inflation. It is against this that the Fed’s ...

Economists’ consensus forecast calls for a 0.1% rise in the PCE price index in June, according to FactSet, following virtually no change in May and monthly gains of 0.3% in February, March, and ...

The Fed’s preferred inflation gauge — the core Personal Consumption Expenditures (PCE) index that excludes volatile food and energy prices — clocked in at 2.7% over the prior year during the ...

The personal consumption expenditures price index (PCE), the Fed’s preferred measure of inflation, showed that the rate at which prices rose for goods and services last month was 2.2% — below ...