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Inflation was subdued in the late 2010s. It then surged due to the economic dislocations triggered by the Covid-19 pandemic, ...
The Personal Consumption Expenditures, the Federal Reserve's preferred inflation gauge, ticked higher in June.
Through June, consumers have absorbed just 22% of tariff costs – but their share is expected to jump as more companies start ...
The core personal consumption expenditures price index, which strips out the cost of food and energy, rose 0.3% on the month ...
President Donald Trump leaned on a big bank's CEO on Tuesday, a day after appearing to make peace with a chipmaking chief. "David Solomon and Goldman Sachs refuse to give credit where credit is due," ...
The Federal Reserve's preferred inflation measure, the PCE, or personal-consumption expenditures price index, for June is due ...
Goldman Sachs estimates U.S. consumers now shoulder two-thirds of President Trump’s new tariff costs, with more companies ...
U.S. inflation increased in June as tariffs boosted prices for imported goods like household furniture and recreation ...
June's personal income and spending growth were soft, with both rising just 0.3% MoM, falling short of expectations. Check ...
In July, the PCE measured inflation at 2.5% on an annual basis, higher than the Fed’s 2.0% target but below the CPI reading. Economists are expecting PCE inflation to come in at 2.7% in August.
Tariffs are starting to leave a bigger mark on overall inflation; however, consumers, whose spending powers more than two-thirds of economic activity, are largely “holding up OK,” Gus Faucher, chief ...