The personal consumption expenditures index, which tracks spending on many everyday household needs, shows stubbornly high prices, even as the Fed's overall rate edges back to its 2 percent target.
While prices for most goods have been falling throughout the year, inflation for a wide range of services remains high.
The personal consumption expenditures price index was expected to increase 0.2% in September and 2.1% from a year ago.
The Federal Reserve’s preferred inflation gauge showed price pressures cooled last month, rising 2.1% in September from a ...
A measure of inflation closely watched by the Federal Reserve hit a three-and-half-year low in September, the Commerce ...
Personal Consumption Expenditures index ticks down to 2.1%, lowest since February 2021 as personal income, consumer spending ...
U.S. consumer inflation got closer to the Federal Reserve’s 2% target in September 2024 when year-on-year total Personal ...
The Federal Reserve’s closely watched inflation gauge rose in September as expected, backing a slower pace of rate cuts than ...
On Thursday, the U.S. Bureau of Economic Analysis released its Personal Consumption Expenditures (PCE) Report for September ...
Arizona Republic on MSN6d
Biden official: Inflation down without sacrificing growth in ArizonaThe year-over-year increase in the personal consumption expenditures price index eased to 2.1% in September, a Commerce ...
The personal consumption expenditures price index excluding food and energy items, a key gauge of inflation, has changed ...
The Federal Reserve’s preferred measure, however, posted its biggest monthly gain since April, bolstering the case for a ...
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