You Searched For "pce" and got 20 results
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3 mins read
Americans are probably getting another interest rate cut this week — just days after the election
It's likely that the Federal Reserve will cut interest rates by a quarter point on Thursday, closin…
Ayelet Sheffey,Madison Hoff
2 mins read
Stock market today: Indexes rise as traders cheer cooler PCE inflation
The Fed's favorite inflation measure dropped to its lowest level in three years, fueling optimism f…
Jennifer Sor
2 mins read
Stock market today: US stocks trade mixed as tech losses deepen and investors await PCE
GDP grew above-expected last quarter, with the economy expanding 2.8%, per advanced estimates.
Jennifer Sor
2 mins read
Stock market today: US stocks edge higher amid mixed earnings and ahead of PCE inflation data
Stocks edged higher on Thursday ahead of new inflation data in the form of May PCE. Weekly jobless …
Max Adams
2 mins read
Stock market today: Sell-off continues as markets digest new data, brace for PCE
The stock market continued to sell off on Thursday, with the Dow shedding close to 300 points. Trad…
Max Adams,Matthew Fox
2 mins read
US stocks fall as investors brace for key PCE inflation report
The Fed's preferred inflation measure is on deck, with implications for the pace and timing of rate…
Jennifer Sor
2 mins read
Rupee turns flat at 82.89 against US dollar in early trade
The rupee turned flat at 82.89 against the US dollar in early trade on Wednesday, resisting pressur…
PTI
1 min read
Stock market today: US futures tread water ahead of Easter break and PCE inflation
US stocks are set to open flat on the last day of the quarter, as investors held back ahead of Frid…
Polly Thompson
2 mins read
The Fed is only going to cut rates once in 2024 as shelter inflation is too high and the job market is hot, Vanguard says
The Fed is most likely cutting rates once in September, Vanguard predicted. Markets are still antic…
Jennifer Sor
3 mins read
It's starting to look like inflation has finally peaked
Food and gas prices are still painfully high. But this could be the worst of pandemic-era inflation.
Ben Winck
2 mins read
Inflation has stopped Americans from buying vehicles of all kinds but they're still splurging on travel and good times
Despite US inflation at a 41-year high, people are still spending on travel-related expenses like f…
Madison Hoff
1 min read
Why the US isn't facing a stagflation threat even as growth slows, according to BofA
The firm says inflation is being driven by a strong consumer, which makes the current situation les…
Filip De Mott
6 mins read
We've entered a world of zombie inflation. Wall Street is scared witless.
The sudden resurgence of inflation has caused some more alarmist analysts to suggest that the US ec…
Neil Dutta
3 mins read
5 indicators that show the US economy is still firing on all cylinders despite slowing GDP
"The workhorse of the US economy remains the consumer, and there's really not much sign of a slowdo…
Matthew Fox
2 mins read
The Fed is focusing on 'flawed' data and keeping rates high will result in a big policy mistake, economist says
Various indicators show the Fed may be looking at the wrong data points to inform its higher-for-lo…
Yuheng Zhan
2 mins read
Why economists who originally expected multiple deep rate cuts in 2024 now say a hike is possible
"We expect, in any case, that the Fed's communications after the FOMC meeting this week will have a…
Matthew Fox
3 mins read
2 experts outline a looming scenario where the US economy could end up caught in a dreaded period of stagflation
A first-quarter GDP slowdown, paired with hotter inflation, is a sign of trouble for the Fed. Some …
Filip De Mott
2 mins read
Americans' spending slowed more than expected in February as inflation surged even higher
Personal consumption expenditures — a popular measure of consumer spending — rose 0.2% in February,…
Ben Winck
1 min read
The inflation fight has stalled and the first rate cut won't happen until December, Bank of America says
"The acceleration of inflation this year makes a cut prior to December challenging, in our view," t…
Yuheng Zhan
2 mins read
Goldman Sachs now sees just 2 interest rate cuts in 2024 with auto insurance keeping inflation hot
"While only 7% of the core, private transportation categories contributed over a third (14bp) of th…